Canadian stocks advanced on Wednesday. The S&P/TSX Composite Index closed up 108.24 points, or 0.85 percent, at 12,901.99. The S&P/TSX Venture Composite Index closed up 22.06 points, or 1.10 percent, at 2023.58. Base metals registered the biggest rise. The index measuring the diversified metals and mining sector on The Toronto Stock Exchange (TSX) rose 2.19 percent. First Quantum Minerals Ltd. rallied 5.15 percent. Teck Resources Ltd., the largest base- metals producer in Canada, added 2.15 percent. Financial stocks rebounded after two days' drop. The index measuring the financials sector on the TSX gained 1.06 percent. Royal Bank of Canada, the country's largest lender, increased 1.78 percent. Toronto-Dominion Bank, the country's second largest lender, added 1.27 percent. Energy stocks also rebounded on Wednesday. The index measuring the energy sector on the TSX rose 1.30 percent. Suncor Energy Inc., Canada's largest energy producer, increased 1.30 percent. Uranium One Inc. rallied 6.88 percent. Western Coal Corp. climbed 2.34 percent. On the economic front, data released by Statistics Canada on Wednesday showed that operating profits for Canadian corporations in the third quarter were virtually unchanged from the previous quarter while profits in the financial industries declined 3.7 percent. Meanwhile the Conference Board of Canada's consumer confidence rose 3.9 points to 83.6 in October. On the currency front, the Canadian dollar appreciated against its U.S. counterpart on Wednesday. One U.S. dollar was buying 1.0100 Canadian dollars at 5 p.m. local time (2200 GMT) on Wednesday, compared with one U.S. dollar buying 1.0243 Canadian dollars on Tuesday. 