Investing.com – Canada equities were higher at the close on Wednesday, as gains in the Industrials, Consumer Discretionary and Materials sectors propelled shares higher.
At the close in Toronto, the S&P/TSX Composite added 0.74% to hit a new 52-week high.
The biggest gainers of the session on the S&P/TSX Composite were First Quantum Minerals Ltd . (TO:FM), which rose 8.08% or 1.09 points to trade at 14.58 at the close. Encana Corporation (TO:ECA) added 7.22% or 1.16 points to end at 17.22 and HudBay Minerals Inc. (TO:HBM) was up 7.01% or 0.56 points to 8.55 in late trade.
Biggest losers included ProMetic Life Sciences Inc. (TO:PLI), which lost 6.01% or 0.140 points to trade at 2.190 in late trade. Peyto Exploration&Development Corp (TO:PEY) declined 2.71% or 0.88 points to end at 31.56 and Klondex Mines Ltd. (TO:KDX) shed 2.51% or 0.160 points to 6.210.
Advancing stocks outnumbered falling ones by 883 to 293 and 109 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 3.55% to 12.48.
In commodities trading, Gold for February delivery was up 0.24% or 2.80 to $1164.80 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.66% or 0.87 to hit $53.20 a barrel, while the March Brent oil contract rose 1.68% or 0.93 to trade at $56.40 a barrel.
CAD/USD was up 0.90% to 0.7514, while CAD/EUR rose 0.13% to 0.7166.
The US Dollar Index was down 0.66% at 102.56.