Canada shares higher at close of trade; S&P/TSX Composite up 0.56%

Investing.com – Canada equities were higher at the close on Wednesday, as gains in the Energy , Materials and IT sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.56%.

The biggest gainers of the session on the S&P/TSX Composite were Ero Copper Corp (TSX: ERO ), which rose 7.45% or 1.38 points to trade at 19.90 at the close. Teck Resources Ltd B (TSX: TECKb ) added 7.14% or 3.62 points to end at 54.35 and Energy Fuels Inc. (TSX: EFR ) was up 7.12% or 0.90 points to 13.54 in late trade.

Biggest losers included TransAlta Renewables Inc. (TSX: RNW ), which lost 3.32% or 0.64 points to trade at 18.62 in late trade. North West Company Inc (TSX: NWC ) declined 2.41% or 0.95 points to end at 38.54 and Waste Connections Inc (TSX: WCN ) shed 1.84% or 3.29 points to 175.69.

Advancing stocks outnumbered falling ones by 686 to 338 and 128 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 4.68% to 10.38.

In commodities trading, Gold Futures for June delivery was up 0.10% or 1.90 to $1,978.00 a troy ounce. Meanwhile, Crude oil for delivery in May rose 3.72% or 3.74 to hit $104.34 a barrel, while the June Brent oil contract rose 4.09% or 4.28 to trade at $108.92 a barrel.

CAD/USD was unchanged 0.59% to 0.80, while CAD/EUR unchanged 0.06% to 0.73.

The US Dollar Index Futures was down 0.39% at 99.90.