Canada stocks were higher after the close on Wednesday as outperformance in the information technology, materials and energy sectors pushed the market upward.
At the close in Toronto, the S&P/TSX Composite rose 1.50% to hit a new all time high.
Top performers
The session's largest percentage gainer on the S&P/TSX Composite was Shopify Inc (TSX:SHOP), which advanced 7.60% or 11.77 points to finish at 166.57. Colliers International Group Inc Bats (TSX:CIGI) was also among the leaders, adding 6.06% or 9.12 points to close at 159.55. Bombardier Inc (TSX:BBDb) rose 5.89% or 14.97 points to 268.98 in late trade.
Biggest decliners
At the other end of the tape, iA Financial Corporation Inc (TSX:IAG) recorded the steepest decline, falling 11.01% or 18.72 points to trade at 151.34 at the close. Capstone Mining Corp (TSX:CS) declined 5.43% or 0.81 points to end at 14.10, while TFI International Inc (TSX:TFII) slipped 3.29% or 5.43 points to 159.47.
Market breadth and volatility
Rising stocks outnumbered decliners on the Toronto Stock Exchange by 649 to 309, with 76 issues unchanged. The S&P/TSX 60 VIX, a gauge of implied volatility for S&P/TSX Composite options, fell 9.51% to 16.28.
Commodities and currencies
In commodities trading, Gold Futures for April delivery rose 1.96% or 95.94 to $5,001.84 a troy ounce. Crude oil for April delivery gained 4.30% or 2.68 to reach $64.94 a barrel, while the April Brent oil contract climbed 4.11% or 2.77 to trade at $70.19 a barrel.
On the foreign exchange front, CAD/USD was unchanged 0.44% to 0.73, while CAD/EUR was unchanged 0.14% to 0.62. The US Dollar Index Futures was up 0.58% at 97.62.
Looking ahead
Investors reacted to sector-specific momentum and commodity price moves, with technology, materials and energy stocks leading the advance. Questions about the best investment opportunities in 2026 are being raised as markets digest these shifts. The note about investment research and data highlights that institutional-grade data and AI-assisted insights can help investors by offering additional information and analysis tools. It adds that such services do not guarantee winners but aim to increase the probability of successful selections.