Toronto markets closed higher Thursday, led by strength in the Energy, Materials and Industrials sectors. The S&P/TSX Composite added 0.61% by the end of trading, closing at a new all-time high.
Top and bottom movers
The session’s strongest performers included Torex Gold Resources Inc (TSX:TXG), which jumped 10.57% - a gain of 6.21 points - to finish at 64.96. First Majestic Silver Corp. (TSX:AG) rose 9.62%, or 2.98 points, closing at 33.96. SSR Mining Inc (TSX:SSRM) advanced 9.33% - up 3.40 points - to 39.85 in late trade.
On the downside, Bausch Health Companies Inc (TSX:BHC) lost 4.70%, or 0.40 points, ending at 8.11. B2Gold Corp (TSX:BTO) declined 4.63%, or 0.34 points, to close at 7.00 while Taseko Mines Ltd (TSX:TKO) slipped 4.45%, or 0.49 points, to 10.52.
Market breadth and volatility
Advancing issues outnumbered decliners on the Toronto Stock Exchange by 557 to 402, while 67 issues finished unchanged. Shares of SSR Mining Inc (TSX:SSRM) reached five-year highs, climbing 9.33% or 3.40 to 39.85.
Volatility as measured by the S&P/TSX 60 VIX rose 6.39% to 17.32, indicating an increase in implied option volatility on the index.
Commodities and currencies
Commodities moved higher during the session. Gold futures for April delivery were up 0.06%, or 3.19, to $5,012.69 a troy ounce. Crude oil for April delivery climbed 2.09%, or 1.36, to $66.41 a barrel, while the April Brent contract gained 1.82%, or 1.28, to trade at $71.63 a barrel.
In currency markets, CAD/USD was unchanged 0.03% to 0.73, while CAD/EUR was unchanged 0.11% to 0.62. The US Dollar Index Futures was up 0.16% at 97.78.
This intraday snapshot highlights the sectors and individual stocks that contributed to the S&P/TSX Composite’s advance and notes concurrent moves in commodity and currency markets.