Canada shares lower at close of trade; S&P/TSX Composite down 1.02%

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Canada shares lower at close of trade; S&P/TSX Composite down 1.02% – Canada equities were lower at the close on Tuesday, as losses in the Energy , Materials and Financials sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite fell 1.02%.

The biggest gainers of the session on the S&P/TSX Composite were Shopify Inc (TSX: SHOP ), which rose 9.94% or 4.01 points to trade at 44.36 at the close. Bausch Health Companies Inc (TSX: BHC ) added 8.16% or 0.89 points to end at 11.80 and Cronos Group Inc (TSX: CRON ) was up 7.46% or 0.27 points to 3.89 in late trade.

Biggest losers included Athabasca Oil Corp (TSX: ATH ), which lost 13.41% or 0.35 points to trade at 2.26 in late trade. NuVista Energy Ltd . (TSX: NVA ) declined 12.49% or 1.33 points to end at 9.32 and Precision Drilling Corporation (TSX: PD ) shed 12.31% or 10.24 points to 72.96.

Declining stocks outnumbered rising ones by 795 to 271 and 72 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 up 1.10% to 23.94.

In commodities trading, Gold Futures for August delivery was down 2.00% or 36.05 to $1,765.45 a troy ounce. Meanwhile, Crude oil for delivery in August fell 8.09% or 8.77 to hit $99.66 a barrel, while the September Brent oil contract fell 9.25% or 10.50 to trade at $103.00 a barrel.

CAD/USD was down 1.32% to 0.77, while CAD/EUR unchanged 0.23% to 0.75.

The US Dollar Index Futures was up 1.35% at 106.33.

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