Canada Stock Market Update

Investing.com – Canada stocks were higher after the close on Wednesday, led by gains in the IT, Industrials, and Utilities sectors.

At the close in Toronto, the S&P/TSX Composite added 0.02%.

Best Performers

The best performers of the session on the S&P/TSX Composite included:
– Spin Master Corp (TSX:TOY): rose 4.98% or 1.64 points to trade at 34.58 at the close.
– MDA Ltd (TSX:MDA): added 4.73% or 1.31 points, ending at 29.00.
– K92 Mining Inc (TSX:KNT): up 3.55% or 0.32 points to 9.34 in late trade.

Worst Performers

The worst performers of the session were:
– Baytex Energy Corp (TSX:BTE): fell 5.28% or 0.21 points to trade at 3.77.
– Dollarama Inc (TSX:DOL): declined 5.14% or 7.61 points to end at 140.56.
– Canadian Western Bank (TSX:CWB): down 4.05% or 2.50 points to 59.19.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 475 to 449, with 100 ending unchanged.

Shares in Baytex Energy Corp (TSX:BTE) fell to 52-week lows, losing 5.28% or 0.21 to 3.77. Conversely, shares in MDA Ltd (TSX:MDA) rose to all-time highs, increasing 4.73% or 1.31 to 29.00.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 9.13% to 9.16, marking a new 3-month low.

Commodities Update

• Gold Futures for February delivery: up 0.22% or 5.75 to $2,673.65 a troy ounce.
• Crude Oil for January delivery: fell 1.82% or 1.27 to hit $68.67 a barrel.
• Brent Oil for February delivery: fell 1.66% or 1.22 to trade at $72.40 a barrel.

Currency Update

• CAD/USD: unchanged 0.03% to 0.71.
• CAD/EUR: unchanged 0.01% to 0.68.
• US Dollar Index Futures: unchanged 0.00% at 106.34.