Canada stocks higher at close of trade; S&P/TSX Composite up 0.42%

At the close in Toronto, the S&P/TSX Composite gained 0.42%.

The best performers of the session on the S&P/TSX Composite were Algoma Steel Group Inc (TSX:ASTL), which rose 7.48% or 1.02 points to trade at 14.65 at the close. Meanwhile, Energy Fuels Inc. (TSX:EFR) added 5.14% or 0.44 points to end at 9.00 and Alimentation Couche Tard Inc (TSX:ATD) was up 3.86% or 2.76 points to 74.19 in late trade.

The worst performers of the session were International Petroleum Corp (TSX:IPCO), which fell 4.51% or 0.75 points to trade at 15.87 at the close. OceanaGold Corporation (TSX:OGC) declined 3.69% or 0.15 points to end at 3.91 and CES Energy Solutions Corp (TSX:CEU) was down 3.44% or 0.27 points to 7.59.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 499 to 430 and 107 ended unchanged.

Shares in Algoma Steel Group Inc (TSX:ASTL) rose to 52-week highs; rising 7.48% or 1.02 to 14.65.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 1.18% to 11.17.

Gold Futures for December delivery was up 0.01% or 0.30 to $2,754.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 5.29% or 3.80 to hit $67.98 a barrel, while the January Brent oil contract fell 5.36% or 4.05 to trade at $71.58 a barrel.

CAD/USD was unchanged 0.01% to 0.72, while CAD/EUR unchanged 0.17% to 0.67.

The US Dollar Index Futures was up 0.02% at 104.16.