(RTTNews) - Bay Street stocks remain notably higher Wednesday after hitting a three-week intraday high. Strength in the technology and mining sectors are leading the market.

The S&P/TSX Composite Index has added 101.76 points or 0.89% to move at 11,515.30.

Technology stocks are up 2.4%. MDA (MDA.TO) has rallied 3.6%, Celestica (CLS.TO) has added 2.7% and Open Text (OTC.TO) is up 2.2%.

Mining stocks have gained 2.2%. Teck Resources (TCK.B.TO) is up 4% and Inmet (IMN.TO) has gained 2.7%.

On the downside, gold stocks lost 1.2% as the precious metal turned lower on the Comex. Goldcorp (G.TO) has dropped 1.3% despite the fact that it was boosted to Overweight from Neutral by JP Morgan.

Barrick Gold (ABX.TO) has dropped 0.9% despite being upgraded to Overweight from Neutral at JP Morgan. Earlier, the company priced an aggregate of $1.25 billion debt securities that consist of $400 million of 4.95% notes due 2020 and $850 million of 5.95% notes due 2039.

In corporate news, Aquiline Resources (AQI.TO) has soared 21.2% after reaching a deal to be acquired by Pan American Silver (PAA.TO) in a stock deal worth about C$626 million. Pan American Silver has dropped 5.6%.

Plutonic Power Corp. (PCC.TO) has lost 7.2% after announcing a bought deal to sell 21 million common shares at a price of $3.35 per common share for gross proceeds of $70.35 million.

Thomson Reuters Corp. (TRI.TO) has slipped 1.2% after the company said it has made an offer to buy privately-held Breakingviews.

Glendale International (GIN.TO) has surged 8.2% after the company reported for the third quarter a net loss of C$2.1 million or C$0.23 per share, narrower than C$2.23 million or C$0.24 per share posted a year ago.

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