Canada shares lower at close of trade; S&P/TSX Composite down 0.54%

Investing.com – Canada equities were lower at the close on Friday, as losses in the Utilities , IT and Consumer Discretionary sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite lost 0.54% to hit a new 3-month low.

The biggest gainers of the session on the S&P/TSX Composite were MEG Energy Corp (TSX: MEG ), which rose 7.05% or 0.16 points to trade at 2.43 at the close. Imperial Oil Ltd (TSX: IMO ) added 6.36% or 1.06 points to end at 17.72 and OceanaGold Corporation (TSX: OGC ) was up 4.82% or 0.080 points to 1.740 in late trade.

Biggest losers included SNC-Lavalin Group Inc . (TSX: SNC ), which lost 9.82% or 2.03 points to trade at 18.64 in late trade. Canadian Utilities Limited (TSX: CU ) declined 6.32% or 2.10 points to end at 31.14 and Canada Goose Holdings Inc (TSX: GOOS ) shed 6.17% or 2.73 points to 41.55.

Declining stocks outnumbered rising ones by 674 to 393 and 114 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 unchanged 0% to 11.27.

In commodities trading, Gold Futures for December delivery was up 0.54% or 10.00 to $1878.00 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.52% or 0.55 to hit $35.62 a barrel, while the January Brent oil contract fell 1.28% or 0.49 to trade at $37.77 a barrel.

CAD/USD was up 0.07% to 0.7510, while CAD/EUR rose 0.34% to 0.6448.

The US Dollar Index Futures was up 0.07% at 94.043.