Canada shares higher at close of trade; S&P/TSX Composite up 0.58%

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Canada shares higher at close of trade; S&P/TSX Composite up 0.58%
Credit: © Reuters. – Canada equities were higher at the close on Wednesday, as gains in the Consumer Staples , Industrials and REITs sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.58%.

The biggest gainers of the session on the S&P/TSX Composite were Dollarama Inc (TO: DOL ), which rose 7.46% or 6.17 points to trade at 88.91 at the close. Corus Entertainment Inc (TO: CJRb ) added 7.29% or 0.80 points to end at 11.78 and Mitel Networks Corporation (TO: MNW ) was up 7.19% or 0.71 points to 10.58 in late trade.

Biggest losers included Valeant Pharmaceuticals International Inc (TO: VRX ), which lost 7.17% or 2.71 points to trade at 35.10 in late trade. Tahoe Resources Inc (TO: THO ) declined 4.99% or 0.71 points to end at 13.51 and Turquoise Hill Resources Ltd. (TO: TRQ ) shed 3.77% or 0.13 points to 3.32.

Advancing stocks outnumbered falling ones by 644 to 604 and 338 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 3.66% to 18.44.

In commodities trading, Gold for June delivery was down 0.82% or 10.10 to $1227.40 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.03% or 0.01 to hit $38.27 a barrel, while the June Brent oil contract rose 0.33% or 0.13 to trade at $39.98 a barrel.

CAD/USD was up 0.89% to 0.7715, while CAD/EUR rose 0.52% to 0.6808.

The US Dollar Index was down 0.37% at 94.82.

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