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Canada shares lower at close of trade; S&P/TSX Composite down 1.14%

Published 24/12/2018, 21:25
© Reuters.  Canada shares lower at close of trade; S&P/TSX Composite down 1.14%
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Investing.com – Canada equities were lower at the close on Monday, as losses in the Clean Technology, Energy and Utilities sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite lost 1.14% to hit a new 52-week low.

The biggest gainers of the session on the S&P/TSX Composite were Aphria Inc (TO:APHA), which rose 14.95% or 0.985 points to trade at 7.575 at the close. Kinross Gold Corporation (TO:K) added 6.40% or 0.27 points to end at 4.49 and Endeavour Mining Corp (TO:EDV) was up 5.90% or 1.210 points to 21.710 in late trade.

Biggest losers included Cascades Inc . (TO:CAS), which lost 15.95% or 1.81 points to trade at 9.54 in late trade. MacDonald Dettwiler and Associates Ltd (TO:MAXR) declined 8.29% or 1.26 points to end at 13.93 and TORC Oil & Gas Ltd. (TO:TOG) shed 6.15% or 0.27 points to 4.12.

Declining stocks outnumbered rising ones by 796 to 323 and 94 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 24.72% to 27.55 a new 52-week high.

In commodities trading, Gold Futures for February delivery was up 1.14% or 14.40 to $1272.50 a troy ounce. Meanwhile, Crude oil for delivery in February fell 6.34% or 2.89 to hit $42.70 a barrel, while the March Brent oil contract fell 6.23% or 3.37 to trade at $50.73 a barrel.

CAD/USD was down 0.07% to 0.7347, while CAD/EUR fell 0.39% to 0.6442.

The US Dollar Index Futures was down 0.46% at 96.010.

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