Canada shares lower at close of trade; S&P/TSX Composite down 0.34%

  • Stock Market News
Canada shares lower at close of trade; S&P/TSX Composite down 0.34%
Credit: © Reuters. – Canada equities were lower at the close on Wednesday, as losses in the Financials , Industrials and IT sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.34% to hit a new 52-week low.

The biggest gainers of the session on the S&P/TSX Composite were Seabridge Gold Inc . (TSX: SEA ), which rose 14.02% or 2.03 points to trade at 16.51 at the close. New Gold Inc (TSX: NGD ) added 13.04% or 0.12 points to end at 1.04 and Sleep Country Canada Holdings Inc (TSX: ZZZ ) was up 7.16% or 1.74 points to 26.04 in late trade.

Biggest losers included Ritchie Bros. Auctioneers Inc . (TSX: RBA ), which lost 9.34% or 8.07 points to trade at 78.31 in late trade. Toromont Industries Ltd . (TSX: TIH ) declined 6.03% or 6.17 points to end at 96.18 and Dye & Durham Ltd (TSX: DND ) shed 5.84% or 1.14 points to 18.39.

Declining stocks outnumbered rising ones by 590 to 437 and 101 ended unchanged on the Toronto Stock Exchange.

The S&P/TSX 60 VIX , which measures the implied volatility of S&P/TSX Composite options, was down 6.90% to 19.97 a new 1-month low.

In commodities trading, Gold Futures for August delivery was up 0.49% or 8.45 to $1,733.25 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.28% or 0.27 to hit $96.11 a barrel, while the September Brent oil contract fell 0.02% or 0.02 to trade at $99.47 a barrel.

CAD/USD was unchanged 0.38% to 0.77, while CAD/EUR unchanged 0.25% to 0.77.

The US Dollar Index Futures was down 0.06% at 107.85.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or