European banks set to underperform U.S. peers in second quarter, Citi says
Investing.com – Canada equities were lower at the close on Friday, as losses in the IT, Consumer Discretionary and Real Estate sectors propelled shares lower.
At the close in Toronto, the S&P/TSX Composite fell 0.42%.
The biggest gainers of the session on the S&P/TSX Composite were International Petroleum Corp (TSX:IPCO), which rose 9.04% or 1.90 points to trade at 22.92 at the close. Bausch Health Companies Inc (TSX:BHC) added 8.27% or 0.62 points to end at 8.12 and Athabasca Oil Corp (TSX:ATH) was up 7.42% or 0.42 points to 6.08 in late trade.
Biggest losers included Lightspeed Commerce Inc (TSX:LSPD), which lost 5.30% or 0.83 points to trade at 14.84 in late trade. Celestica Inc. (TSX:CLS) declined 4.31% or 7.67 points to end at 170.26 and Ero Copper Corp (TSX:ERO) shed 4.09% or 0.87 points to 20.41.
Declining stocks outnumbered rising ones by 451 to 422 and 100 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 down 9.69% to 9.60 a new 3-month low.
In commodities trading, Gold Futures for August delivery was up 1.47% or 50.00 to $3,452.40 a troy ounce. Meanwhile, Crude oil for delivery in July rose 8.11% or 5.52 to hit $73.56 a barrel, while the August Brent oil contract rose 7.73% or 5.36 to trade at $74.72 a barrel.
CAD/USD was unchanged 0.09% to 0.74, while CAD/EUR unchanged 0.46% to 0.64.
The US Dollar Index Futures was up 0.30% at 98.19.