Canada shares higher at close of trade; S&P/TSX Composite up 0.48%

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

At the close in Toronto, the S&P/TSX Composite added 0.48%.

The biggest gainers of the session on the S&P/TSX Composite were MEG Energy Corp (TSX:MEG), which rose 9.65% or 0.41 points to trade at 4.66 at the close. Magna International Inc (TSX:MG) added 9.14% or 7.83 points to end at 93.50 and Crescent Point Energy Corp . (TSX:CPG) was up 8.21% or 0.23 points to 3.03 in late trade.

Biggest losers included Shopify Inc (TSX:SHOP), which lost 3.99% or 65.83 points to trade at 1583.40 in late trade. Constellation Software Inc . (TSX:CSU) declined 3.88% or 68.76 points to end at 1705.00 and Kinaxis Inc (TSX:KXS) shed 3.79% or 6.96 points to 176.73.

Advancing stocks outnumbered falling ones by 637 to 382 and 118 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 unchanged 0% to 11.27.

In commodities trading, Gold Futures for February delivery was up 0.24% or 4.55 to $1874.85 a troy ounce. Meanwhile, Crude oil for delivery in February rose 2.42% or 1.14 to hit $48.16 a barrel, while the February Brent oil contract rose 2.38% or 1.19 to trade at $51.27 a barrel.

CAD/USD was up 0.40% to 0.7778, while CAD/EUR rose 0.31% to 0.6388.

The US Dollar Index Futures was down 0.22% at 90.350.