Canada's equity market ended Tuesday in positive territory, with the S&P/TSX Composite advancing 0.32% to close at a record level. Strength in the Materials, Financials and Healthcare sectors provided the primary upward pressure on the index.
Top and bottom movers
Among individual issues, SSR Mining Inc (TSX:SSRM) posted the strongest gain, rising 10.21% - up 4.13 points to finish at 44.58. Discovery Silver Corp (TSX:DSV) climbed 5.42% or 0.47 points to end the session at 9.14, while Centerra Gold Inc (TSX:CG) increased 4.30% - 1.02 points - to 24.72.
On the downside, Gildan Activewear Inc. (TSX:GIL) recorded the steepest decline of the day, falling 18.75% or 16.24 points to close at 70.39. TerraVest Industries Inc (TSX:TVK) slipped 7.10% or 8.81 points to 115.21 and Celestica Inc. (TSX:CLS) was down 5.10% or 28.74 points to 534.87.
Market breadth and volatility
Advancers narrowly outnumbered decliners on the Toronto Stock Exchange, with 495 stocks rising versus 470 that fell. A further 82 issues finished unchanged. The S&P/TSX 60 VIX, the measure of implied volatility for S&P/TSX options, was unchanged at 14.50, indicating little change in option-implied volatility on the index.
Commodities and currency
Commodity prices showed a mixed picture. Gold futures for August delivery moved up 0.06% - gaining 2.74 to $4,354.34 a troy ounce. By contrast, crude oil weakened: July delivery fell 5.11% or 4.13 to $76.62 a barrel, and the August Brent contract declined 4.54% or 3.78 to trade at $79.39 a barrel.
In foreign exchange, the Canadian dollar was effectively flat against major counterparts, with CAD/USD unchanged by 0.04% at 0.71 and CAD/EUR unchanged by 0.21% at 0.62. The US Dollar Index Futures was down 0.07% at 99.31.
This session combined a record closing level for the benchmark with divergent moves beneath the surface: pronounced gains among select miners and pressure on several individual large-cap names, alongside mixed signals from commodities and steady option-implied volatility.