Canada stocks higher at close of trade; S&P/TSX Composite up 0.90%

Canada stocks rose at the close of trade on Tuesday, with the S&P/TSX Composite index ending up 0.90%. The Energy, Telecoms and IT sectors were the main drivers of the market's gains. Enerflex Ltd. saw the biggest gain of the day, jumping 14.16% to reach an all-time high of 39.11. TerraVest Industries Inc and CES Energy Solutions Corp also had strong performances, with shares up 6.16% and 5.08% respectively.

Meanwhile, Wesdome Gold Mines Ltd. was the worst performer, falling 9.01%. The Toronto Stock Exchange saw more stocks falling than rising, with 554 stocks decreasing and 426 increasing. Fifty stocks closed unchanged. The market's implied volatility, measured by the S&P/TSX 60 VIX, rose 4.47% to 11.69. Gold prices saw a slight increase, with December delivery up 0.11% to $4,181.72.

Crude oil and Brent oil futures also saw modest gains. The Canadian Dollar was relatively stable against major currencies, with CAD/USD and CAD/EUR remaining unchanged. The US Dollar Index Futures gained 0.02% to 102.00.