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Canada shares lower at close of trade

Published 09/03/2015, 20:25
© Reuters.  Canada shares lower at close of trade
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Investing.com – Canada equities were lower at the close on Monday, as losses in the Energy, Telecommunications and Materials sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.66% to hit a new 1-month low.

The biggest gainers of the session on the S&P/TSX Composite were Methanex Corporation (TO:MX), which rose 4.18% or 2.86 points to trade at 71.27 at the close. Descartes Systems Group Inc. (The) (TO:DSG) added 3.35% or 0.64 points to end at 19.73 and RONA Inc. (TO:RON) was up 2.87% or 0.45 points to 16.11 in late trade.

Biggest losers included Torex Gold Resources Inc. (TO:TXG), which lost 12.04% or 0.130 points to trade at 0.950 in late trade. Pacific Rubiales Energy Corp. (TO:PRE) declined 9.57% or 0.33 points to end at 3.12 and First Majestic Silver Corp. (TO:FR) shed 9.22% or 0.64 points to 6.30.

Declining stocks outnumbered rising ones by 910 to 524 and 178 ended unchanged on the Toronto Stock Exchange.

The S&P/TSX 60 VIX, which measures the implied volatility of options, was up 3.99% to 17.19.

In commodities trading, Gold for April delivery was up 0.14% or 1.60 to $1165.90 a troy ounce. Meanwhile, Crude Oil for delivery in April rose 0.69% or 0.34 to hit $49.95 a barrel, while the April Brent Oil contract fell 2.20% or 1.31 to trade at $58.50 a barrel.

CAD/USD was up 0.19% to 0.7937, while CAD/EUR rose 0.07% to 0.7313.

The US Dollar Index was down 0.12% at 97.62.

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