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Canada stocks lower at close of trade; S&P/TSX Composite down 0.05%

Published 07/19/2016, 04:25 PM
Updated 07/19/2016, 04:25 PM
© Reuters.  Canada stocks lower at close of trade; S&P/TSX Composite down 0.05%

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

At the close in Toronto, the S&P/TSX Composite lost 0.05%.

The best performers of the session on the S&P/TSX Composite were Lucara Diamond Corp (TO:LUC), which rose 7.49% or 0.260 points to trade at 3.730 at the close. Meanwhile, Norbord Inc (TO:OSB) added 3.62% or 1.03 points to end at 29.49 and Open Text Corporation (TO:OTC) was up 3.19% or 2.48 points to 80.19 in late trade.

The worst performers of the session were Teck Resources Ltd (TO:TCKb), which fell 6.02% or 1.12 points to trade at 17.47 at the close. Alacer Gold Corp (TO:ASR) declined 5.88% or 0.200 points to end at 3.200 and Precision Drilling Corporation (TO:PD) was down 4.97% or 0.32 points to 6.12.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 571 to 547 and 163 ended unchanged.

Shares in Norbord Inc (TO:OSB) rose to 52-week highs; gaining 3.62% or 1.03 to 29.49. Shares in Open Text Corporation (TO:OTC) rose to all time highs; rising 3.19% or 2.48 to 80.19.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 0.08% to 12.30.

Gold for August delivery was up 0.26% or 3.50 to $1332.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.02% or 0.47 to hit $45.47 a barrel, while the September Brent oil contract fell 0.60% or 0.28 to trade at $46.68 a barrel.

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CAD/USD was down 0.63% to 0.7676, while CAD/EUR fell 0.11% to 0.6967.

The US Dollar Index was up 0.56% at 97.10.

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