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Canada shares lower at close of trade; S&P/TSX Composite down 0.13%

Published 28/08/2020, 21:25
© Reuters.  Canada shares lower at close of trade; S&P/TSX Composite down 0.13%
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Investing.com – Canada equities were lower at the close on Friday, as losses in the Consumer Staples, Utilities and Telecoms sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite declined 0.13%.

The biggest gainers of the session on the S&P/TSX Composite were Silvercorp Metals Inc (TSX:SVM), which rose 7.63% or 0.77 points to trade at 10.86 at the close. Canadian Western Bank (TSX:CWB) added 7.59% or 1.93 points to end at 27.37 and Cineplex Inc . (TSX:CGX) was up 5.65% or 0.54 points to 10.10 in late trade.

Biggest losers included OceanaGold Corporation (TSX:OGC), which lost 6.15% or 0.200 points to trade at 3.050 in late trade. Brookfield Business Partners LP (TSX:BBU_u) declined 2.98% or 1.28 points to end at 41.62 and George Weston Limited (TSX:WN) shed 2.58% or 2.55 points to 96.15.

Advancing stocks outnumbered falling ones by 648 to 417 and 118 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 2.10% or 40.50 to $1973.10 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.14% or 0.06 to hit $42.98 a barrel, while the November Brent oil contract rose 0.59% or 0.27 to trade at $45.87 a barrel.

CAD/USD was up 0.31% to 0.7641, while CAD/EUR fell 0.33% to 0.6421.

The US Dollar Index Futures was down 0.75% at 92.297.

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