3 months ago
Stock Market

Canada stocks lower at close of trade; S&P/TSX Composite down 0.86%

Investing.com – Canada stocks were lower after the close on Friday, as losses in the Consumer Discretionary, IT and Industrials

Investing.com – Canada stocks were lower after the close on Friday, as losses in the Consumer Discretionary, IT and Industrials sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite lost 0.86% to hit a new 1-month low.

The best performers of the session on the S&P/TSX Composite were Eldorado Gold Corp (TO:ELD), which rose 9.21% or 0.07 points to trade at 0.83 at the close. Meanwhile, New Gold Inc (TO:NGD) added 8.57% or 0.090 points to end at 1.140 and Aurora Cannabis Inc (TO:ACB) was up 7.95% or 0.56 points to 7.60 in late trade.

The worst performers of the session were Shopify Inc (TO:SHOP), which fell 6.93% or 14.520 points to trade at 195.130 at the close. Canada Goose Holdings Inc (TO:GOOS) declined 6.91% or 5.77 points to end at 77.77 and Dorel Industries Inc (TO:DIIb) was down 6.70% or 1.26 points to 17.54.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 605 to 507 and 120 ended unchanged.

Shares in Dorel Industries Inc (TO:DIIb) fell to 5-year lows; losing 6.70% or 1.26 to 17.54.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 7.42% to 18.24.

Gold Futures for February delivery was up 0.82% or 10.15 to $1253.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.63% or 0.84 to hit $52.33 a barrel, while the February Brent oil contract rose 2.28% or 1.37 to trade at $61.43 a barrel.

CAD/USD was up 0.51% to 0.7511, while CAD/EUR rose 0.26% to 0.6584.

The US Dollar Index Futures was down 0.18% at 96.585.