Canadian Stock Market Update

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.

Best Performers

The best performers of the session on the S&P/TSX Composite were:
– CAE Inc. (TSX:CAE): 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.
– Suncor Energy Inc (TSX:SU): up 4.21% or 2.24 points to 55.40 in late trade.

Worst Performers

The worst performers of the session were:
– Orla Mining Ltd (TSX:OLA): fell 9.76% or 0.60 points to trade at 5.55.
– Finning International Inc. (TSX:FTT): declined 9.11% or 3.80 points to end at 37.92.
– Maple Leaf Foods Inc. (TSX:MFI): 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. and Shopify Inc. rose to 52-week highs.

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

Commodity Prices

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

Currency Exchange

• CAD/USD was unchanged at 0.71.
• CAD/EUR unchanged at 0.68.
• The US Dollar Index Futures were up 0.42% at 106.39.