Canada shares higher at close of trade; S&P/TSX Composite up 0.88%

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Canada shares higher at close of trade; S&P/TSX Composite up 0.88%
Credit: © Reuters. – Canada equities were higher at the close on Wednesday, as gains in the IT , Healthcare and Financials sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.88% to hit a new 3-month high.

The biggest gainers of the session on the S&P/TSX Composite were Metro Inc . (TO: MRU ), which rose 8.78% or 3.52 points to trade at 43.61 at the close. Le Groupe Jean Coutu PJC Inc (TO: PJCa ) added 6.28% or 1.45 points to end at 24.54 and Canadian Western Bank (TO: CWB ) was up 4.88% or 1.56 points to 33.56 in late trade.

Biggest losers included Tahoe Resources Inc (TO: THO ), which lost 11.28% or 0.80 points to trade at 6.25 in late trade. BRP Inc. (TO: DOO ) declined 7.79% or 3.52 points to end at 41.65 and Bombardier Inc (TO: BBDb ) shed 7.49% or 0.170 points to 2.100.

Advancing stocks outnumbered falling ones by 641 to 493 and 131 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 2.19% to 10.71.

In commodities trading, Gold Futures for December delivery was down 1.18% or 15.38 to $1286.32 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.39% or 0.20 to hit $52.08 a barrel, while the December Brent oil contract fell 0.90% or 0.52 to trade at $57.40 a barrel.

CAD/USD was down 1.01% to 0.8015, while CAD/EUR fell 0.67% to 0.6820.

The US Dollar Index Futures was up 0.44% at 93.22.

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