Canada shares lower at close of trade; S&P/TSX Composite down 2.63%

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Canada shares lower at close of trade; S&P/TSX Composite down 2.63%
Credit: © Reuters. – Canada equities were lower at the close on Friday, as losses in the Materials , Telecoms and Industrials sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite declined 2.63%.

The biggest gainers of the session on the S&P/TSX Composite were ShawCor Ltd . (TSX: SCL ), which rose 50.00% or 0.41 points to trade at 1.23 at the close. Inter Pipeline Ltd (TSX: IPL ) added 23.76% or 1.49 points to end at 7.76 and Secure Energy Services Inc . (TSX: SES ) was up 16.28% or 0.14 points to 1.00 in late trade.

Biggest losers included OceanaGold Corporation (TSX: OGC ), which lost 18.30% or 0.280 points to trade at 1.250 in late trade. Alamos Gold Inc (TSX: AGI ) declined 16.75% or 1.31 points to end at 6.51 and Cascades Inc . (TSX: CAS ) shed 15.41% or 1.96 points to 10.76.

Advancing stocks outnumbered falling ones by 622 to 504 and 67 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 April delivery was up 0.68% or 10.00 to $1489.30 a troy ounce. Meanwhile, Crude oil for delivery in May fell 9.61% or 2.49 to hit $23.42 a barrel, while the May Brent oil contract fell 4.04% or 1.15 to trade at $27.32 a barrel.

CAD/USD was up 0.81% to 0.6945, while CAD/EUR rose 1.09% to 0.6512.

The US Dollar Index Futures was down 0.01% at 103.597.

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