Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the IT, Telecoms and Utilities sectors led shares higher.
At the close in Toronto, the S&P/TSX Composite added 0.05% to hit a new 1-month high.
The best performers of the session on the S&P/TSX Composite were Shopify Inc (TSX:SHOP), which rose 6.82% or 27.760 points to trade at 434.950 at the close. Meanwhile, CannTrust Holdings Inc (TSX:TRST) added 6.77% or 0.4500 points to end at 7.1000 and Torex Gold Resources Inc (TSX:TXG) was up 3.73% or 0.500 points to 13.900 in late trade.
The worst performers of the session were Gran Tierra Energy Inc (TSX:GTE), which fell 12.79% or 0.330 points to trade at 2.250 at the close. New Gold Inc (TSX:NGD) declined 4.35% or 0.040 points to end at 0.880 and HudBay Minerals Inc (TSX:HBM) was down 3.97% or 0.29 points to 7.01.
Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 561 to 476 and 134 ended unchanged.
Shares in Shopify Inc (TSX:SHOP) rose to all time highs; up 6.82% or 27.760 to 434.950. Shares in Gran Tierra Energy Inc (TSX:GTE) fell to all time lows; falling 12.79% or 0.330 to 2.250.
The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 2.67% to 10.92 a new 1-month low.
Gold Futures for August delivery was up 1.02% or 13.75 to $1364.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.54% or 0.29 to hit $54.40 a barrel, while the August Brent oil contract unchanged 0.00% or 0.00 to trade at $62.22 a barrel.
CAD/USD was down 0.01% to 0.7529, while CAD/EUR fell 0.03% to 0.6704.
The US Dollar Index Futures was down 0.43% at 96.733.