Canada Stocks Rise at Market Close; S&P/TSX Composite Up 0.24%

Canada’s stock market saw gains on Tuesday, driven by advancements in various sectors. The Toronto market closed with a 0.24% increase, reaching a new all-time high.

Among the session’s top performers, Aya Gold & Silver Inc led the way with a remarkable rise of 9.02%, increasing by 1.44 points to close at 17.40. HudBay Minerals Inc followed closely, gaining 8.22% or 0.90 points to end at 11.85, while Capstone Mining Corp saw a 7.04% increase, up by 0.69 points to reach 10.49.

Conversely, the worst performers included Pet Valu Holdings Ltd, which fell 4.84%, losing 1.27 points to settle at 24.99. Kinaxis Inc declined by 3.29%, or 5.25 points, finishing at 154.32, and Algonquin Power & Utilities Corp experienced a drop of 3.05%, down 0.23 points to 7.31.

On the Toronto Stock Exchange, advancing stocks outnumbered those that declined, with 585 stocks rising, 338 falling, and 109 remaining unchanged.

Aya Gold & Silver Inc reached an all-time high, marking a significant achievement with its 9.02% rise.

The implied volatility of S&P/TSX Composite options, indicated by the corresponding index, increased by 3.73%, rising to 11.11.

In commodities trading, December gold futures rose by 1.33%, or 35.25, to $2,687.75 per troy ounce. Additionally, November crude oil saw an increase of 1.68%, up 1.18 to $71.55 per barrel, while December Brent oil futures also rose by 1.72%, increasing by 1.26 to trade at $74.47 per barrel.

In currency exchange, the CAD/USD saw an increase of 0.80%, rising to 0.74, while the CAD/EUR remained stable at 0.67. Meanwhile, the US Dollar Index Futures dropped by 0.50%, settling at 100.06.