Canadian stocks closed higher Wednesday as the S&P/TSX Composite rose 0.40%, buoyed by strong performances in Clean Technology, IT, and Energy sectors. BlackBerry reached a 52-week high, while Telus fell to a five-year low.
Clean Tech, IT, and Energy Boost Canadian Markets
Gains in the Clean Technology, Information Technology, and Energy sectors propelled shares higher after Wednesday’s close on Canadian equities.
The S&P/TSX Composite recorded a gain of 0.40% at the close of business in Toronto, Investing.com reports.
At the end of the trading session, ATS Corporation had the highest performance on the S&P/TSX Composite, increasing its share price by 4.29%, or 1.84 points, to 44.75. In late activity, Vermilion Energy Inc. was up 2.82%, or 0.36 points, to 13.13 while BlackBerry Ltd climbed 4.05%, or 0.22 points, to conclude at 5.65.
Top Performers Shine Amid Gains
At the end of the trading day, Denison Mines Corp was the poorest performance, down 2.15 percent, or 0.06 points, to 2.73. Telus Corp fell 1.52%, or 0.30 points, to 19.45, and Jamieson Wellness Inc. fell 1.78%, or 0.66 points, to finish at 36.46.
The Toronto Stock Exchange had 0 rising stocks and 0 falling stocks.
BlackBerry Hits 52-Week High, Telus Slumps
In a 52-week high, BlackBerry Ltd. shares increased 4.05%, or 0.22, to 5.65. Telus Corp. shares dropped to 19.45, a 5-year low, a decline of 1.52% or 0.30 percent.
Decreased 2.00% to 10.79, the S&P/TSX 60 VIX gauges the implied volatility of S&P/TSX Composite options.
Gold futures for February delivery remained constant at $2,633.50 per troy ounce, a move of 0.00%. On the commodities market, March Brent oil rose 1.24%, or 0.90 dollars, to trade at $73.22 per barrel, while February crude oil for delivery fell 0.09%, or 0.06 dollars, to $70.10 per barrel.
The Canadian dollar maintains a steady relationship with the US dollar, remaining stable at 0.69, and with the euro, remaining unchanged at 0.67.
With a price of 108.00, the US Dollar Index Futures rose 0.18 percent.