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

Investing.com – Canada equities were higher at the close on Wednesday, as gains in the IT, Energy and Consumer Discretionary sectors propelled shares higher.

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

The biggest gainers 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. 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.

Biggest losers included Orla Mining Ltd (TSX:OLA), which lost 9.76% or 0.60 points to trade at 5.55 in late trade. Finning International Inc . (TSX:FTT) declined 9.11% or 3.80 points to end at 37.92 and Maple Leaf Foods Inc . (TSX:MFI) shed 5.33% or 1.20 points to 21.30.

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

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

In commodities trading, Gold Futures for December delivery was down 0.96% or 25.10 to $2,581.20 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.09% or 0.06 to hit $68.06 a barrel, while the January Brent oil contract rose 0.07% or 0.05 to trade at $71.94 a barrel.

CAD/USD was unchanged 0.42% to 0.71, while CAD/EUR unchanged 0.15% to 0.68.

The US Dollar Index Futures was up 0.41% at 106.39.