Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the Energy, IT and Materials sectors led shares higher.
At the close in Toronto, the S&P/TSX Composite rose 1.25% to hit a new all time high.
The best performers of the session on the S&P/TSX Composite were New Gold Inc (TSX:NGD), which rose 13.12% or 0.37 points to trade at 3.19 at the close. Meanwhile, Celestica Inc. (TSX:CLS) added 6.88% or 4.66 points to end at 72.41 and Precision Drilling Corporation (TSX:PD) was up 6.82% or 6.78 points to 106.22 in late trade.
The worst performers of the session were Allied Properties REIT (TSX:AP_u), which fell 5.16% or 0.90 points to trade at 16.55 at the close. OceanaGold Corporation (TSX:OGC) declined 4.76% or 0.17 points to end at 3.40 and Spin Master Corp (TSX:TOY) was down 4.70% or 1.56 points to 31.61.
Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 694 to 291 and 75 ended unchanged.
Shares in Precision Drilling Corporation (TSX:PD) rose to 52-week highs; gaining 6.82% or 6.78 to 106.22.
The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 13.52% to 11.64.
Gold Futures for December delivery was up 1.68% or 41.20 to $2,493.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 4.94% or 3.69 to hit $78.42 a barrel, while the October Brent oil contract rose 4.24% or 3.31 to trade at $81.38 a barrel.
CAD/USD was unchanged 0.32% to 0.72, while CAD/EUR unchanged 0.24% to 0.67.
The US Dollar Index Futures was down 0.46% at 103.83.