Canada shares higher at close of trade; S&P/TSX Composite up 0.78%

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Canada shares higher at close of trade; S&P/TSX Composite up 0.78%
Credit: © Reuters. – Canada equities were higher at the close on Wednesday, as gains in the Materials , IT and Energy sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.78%.

The biggest gainers of the session on the S&P/TSX Composite were Colliers International Group Inc (TO: CIGI ), which rose 10.91% or 8.18 points to trade at 83.18 at the close. Novagold Resources Inc . (TO: NG ) added 10.90% or 0.51 points to end at 5.19 and IAMGold Corporation (TO: IMG ) was up 8.63% or 0.610 points to 7.680 in late trade.

Biggest losers included BRP Inc. (TO: DOO ), which lost 4.89% or 2.56 points to trade at 49.74 in late trade. Enbridge Inc. (TO: ENB ) declined 2.88% or 1.27 points to end at 42.86 and Cineplex Inc . (TO: CGX ) shed 2.71% or 0.90 points to 32.27.

Advancing stocks outnumbered falling ones by 712 to 408 and 129 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 0.00% to 21.65 a new 52-week high.

In commodities trading, Gold Futures for April delivery was up 1.74% or 23.20 to $1353.60 a troy ounce. Meanwhile, Crude oil for delivery in March rose 2.62% or 1.55 to hit $60.74 a barrel, while the April Brent oil contract rose 2.65% or 1.66 to trade at $64.38 a barrel.

CAD/USD was up 0.76% to 0.8002, while CAD/EUR fell 0.08% to 0.6425.

The US Dollar Index Futures was down 0.79% at 88.89.

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