The S&P/Toronto Stock Exchange (TSX) Composite Index closed higher on Wednesday, December 22, as investors regained confidence after a bumpy start on December 20.
S&P/TSX Index jumped 0.7 per cent and closed at 21,070.05. The surge was due to the rise in REITs, Real Estate, and Energy sectors.

One-year price chart (December 22). Analysis by © 2021 Kalkine Media®
Volume active
The most active stock was Suncor Energy Inc. (TSX:SU) as its 4.9 million shares exchanged hands on the TSX. Meanwhile, the second most traded stock was Baytex Energy Corp (TSX:BTE), followed by Canadian Natural Resources Limited (TSX:CNQ).

Wall Street update
Stock markets in the United States performed well and the S&P 500 climbed 47.33 points to reach 4,696.56. Meanwhile, the Nasdaq jumped 180.81 points to 15,521.89 points.
Smaller companies' index- Russell 2000 surged 0.9 per cent and closed at 2,221.9. In addition, the Dow Jones Industrial Average expanded by 0.7 per cent to 35,753.89.
Commodity update
After a decline on December 22, Gold climbed 0.9 per cent to US$ 1,804.75 per troy ounce. The Brent Oil contract catapulted by about two per cent and traded at US$ 75.37 per barrel.
Currency news
The Canadian dollar stood 0.6 per cent higher against the US dollar at 0.78. Meanwhile, the loonie was up 0.2 per cent against Euros.
The US Dollar Index Futures continued to decline, and it was down 0.4 per cent to 96.1.