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Canada shares lower at close of trade; S&P/TSX Composite down 0.63%

Published 12/08/2019, 22:25
Updated 12/08/2019, 22:25
© Reuters.  Canada shares lower at close of trade; S&P/TSX Composite down 0.63%

Investing.com – Canada equities were lower at the close on Monday, as losses in the Consumer Discretionary, Energy and Clean Technology sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite declined 0.63%.

The biggest gainers of the session on the S&P/TSX Composite were Canfor Corporation (TSX:CFP), which rose 73.41% or 6.46 points to trade at 15.26 at the close. Interfor Corp (TSX:IFP) added 6.75% or 0.74 points to end at 11.70 and West Fraser Timber Co. Ltd . (TSX:WFT) was up 4.18% or 1.93 points to 48.10 in late trade.

Biggest losers included CannTrust Holdings Inc (TSX:TRST), which lost 27.79% or 1.1700 points to trade at 3.0400 in late trade. Stars Group Inc (TSX:TSGI) declined 18.75% or 3.96 points to end at 17.16 and Enerflex Ltd . (TSX:EFX) shed 11.75% or 1.88 points to 14.12.

Declining stocks outnumbered rising ones by 771 to 310 and 107 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 12.24% to 14.40 a new 1-month high.

In commodities trading, Gold Futures for December delivery was up 0.92% or 13.90 to $1522.40 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.48% or 0.26 to hit $54.76 a barrel, while the October Brent oil contract fell 0.21% or 0.12 to trade at $58.33 a barrel.

CAD/USD was up 0.03% to 0.7554, while CAD/EUR rose 0.03% to 0.6736.

The US Dollar Index Futures was down 0.10% at 97.225.

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