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Canada stocks lower at close of trade; S&P/TSX Composite down 0.46%

Published 05/09/2019, 05:25 PM
© Reuters.  Canada stocks lower at close of trade; S&P/TSX Composite down 0.46%

Investing.com – Canada stocks were lower after the close on Thursday, as losses in the Healthcare, Consumer Discretionary and Materials sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.46% to hit a new 1-month low.

The best performers of the session on the S&P/TSX Composite were Stars Group Inc (TO:TSGI), which rose 14.80% or 3.49 points to trade at 27.07 at the close. Meanwhile, Cascades Inc . (TO:CAS) added 9.84% or 0.80 points to end at 8.93 and ECN Capital Corp (TO:ECN) was up 7.84% or 0.33 points to 4.54 in late trade.

The worst performers of the session were Magna International Inc (TO:MG), which fell 9.96% or 7.14 points to trade at 64.57 at the close. Cronos Group Inc (TO:CRON) declined 8.06% or 1.6700 points to end at 19.0500 and NexGen Energy Ltd. (TO:NXE) was down 5.00% or 0.100 points to 1.900.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 583 to 455 and 127 ended unchanged.

Shares in ECN Capital Corp (TO:ECN) rose to all time highs; up 7.84% or 0.33 to 4.54. Shares in NexGen Energy Ltd. (TO:NXE) fell to 52-week lows; falling 5.00% or 0.100 to 1.900.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 5.11% to 15.21 a new 1-month high.

Gold Futures for June delivery was up 0.27% or 3.45 to $1284.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.85% or 0.53 to hit $61.59 a barrel, while the July Brent oil contract rose 0.03% or 0.02 to trade at $70.25 a barrel.

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CAD/USD was up 0.06% to 0.7422, while CAD/EUR rose 0.06% to 0.6616.

The US Dollar Index Futures was down 0.12% at 97.270.

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