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Canada stocks lower at close of trade; S&P/TSX Composite down 0.70%

Published 07/25/2016, 04:25 PM
Updated 07/25/2016, 04:25 PM
© Reuters.  Canada stocks lower at close of trade; S&P/TSX Composite down 0.70%

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

At the close in Toronto, the S&P/TSX Composite fell 0.70%.

The best performers of the session on the S&P/TSX Composite were TransAlta Corp (TO:TA), which rose 5.56% or 0.34 points to trade at 6.45 at the close. Meanwhile, West Fraser Timber Co. Ltd . (TO:WFT) added 4.33% or 1.90 points to end at 45.75 and Martinrea International Inc . (TO:MRE) was up 3.43% or 0.30 points to 9.05 in late trade.

The worst performers of the session were NuVista Energy Ltd . (TO:NVA), which fell 9.42% or 0.620 points to trade at 5.960 at the close. Crew Energy Inc (TO:CR) declined 8.31% or 0.49 points to end at 5.41 and Concordia Healthcare Corp (TO:CXR) was down 7.67% or 1.96 points to 23.59.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 668 to 474 and 136 ended unchanged.

Shares in Concordia Healthcare Corp (TO:CXR) fell to 52-week lows; falling 7.67% or 1.96 to 23.59.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 6.75% to 13.44.

Gold for December delivery was down 0.62% or 8.25 to $1323.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 2.58% or 1.14 to hit $43.05 a barrel, while the October Brent oil contract fell 2.23% or 1.03 to trade at $45.06 a barrel.

CAD/USD was down 0.64% to 0.7568, while CAD/EUR fell 0.74% to 0.6886.

The US Dollar Index was down 0.11% at 97.30.

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