Canada stocks higher at close of trade; S&P/TSX Composite up 0.26%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.26%

Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the IT, Energy and Consumer Discretionary sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.26% to hit a new all time high.

The best performers of the session on the S&P/TSX Composite were CAE Inc. (TSX:CAE), which rose 11.94% or 3.22 points to trade at 30.18 at the close. Meanwhile, Shopify Inc (TSX:SHOP) added 5.87% or 8.94 points to end at 161.20 and Suncor Energy Inc (TSX:SU) was up 4.21% or 2.24 points to 55.40 in late trade.

The worst performers of the session were Orla Mining Ltd (TSX:OLA), which fell 9.76% or 0.60 points to trade at 5.55 at the close. Finning International Inc . (TSX:FTT) declined 9.11% or 3.80 points to end at 37.92 and Maple Leaf Foods Inc . (TSX:MFI) was down 5.33% or 1.20 points to 21.30.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 512 to 432 and 94 ended unchanged.

Shares in CAE Inc. (TSX:CAE) rose to 52-week highs; rising 11.94% or 3.22 to 30.18. Shares in Shopify Inc (TSX:SHOP) rose to 52-week highs; rising 5.87% or 8.94 to 161.20.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 5.05% to 10.35.

Gold Futures for December delivery was down 0.94% or 24.60 to $2,581.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.13% or 0.09 to hit $68.03 a barrel, while the January Brent oil contract rose 0.03% or 0.02 to trade at $71.91 a barrel.

CAD/USD was unchanged 0.42% to 0.71, while CAD/EUR unchanged 0.16% to 0.68.

The US Dollar Index Futures was up 0.42% at 106.39.

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