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Canada stocks lower at close of trade; S&P/TSX Composite down 0.36%

Published 07/24/2017, 04:25 PM
Updated 07/24/2017, 04:25 PM
© Reuters.  Canada stocks lower at close of trade; S&P/TSX Composite down 0.36%

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

At the close in Toronto, the S&P/TSX Composite fell 0.36%.

The best performers of the session on the S&P/TSX Composite were Turquoise Hill Resources Ltd. (TO:TRQ), which rose 4.78% or 0.170 points to trade at 3.730 at the close. Meanwhile, Shopify Inc (TO:SHOP) added 4.28% or 4.800 points to end at 116.910 and Canopy Growth Corp (TO:WEED) was up 3.75% or 0.310 points to 8.580 in late trade.

The worst performers of the session were Exchange Income Corporation (TO:EIF), which fell 7.93% or 2.330 points to trade at 27.050 at the close. Yamana Gold Inc (TO:YRI) declined 5.76% or 0.19 points to end at 3.11 and Novagold Resources Inc . (TO:NG) was down 5.29% or 0.31 points to 5.55.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 615 to 465 and 147 ended unchanged.

Shares in Exchange Income Corporation (TO:EIF) fell to 52-week lows; falling 7.93% or 2.330 to 27.050.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 22.60% to 14.43.

Gold Futures for August delivery was up 0.06% or 0.75 to $1255.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.40% or 0.64 to hit $46.41 a barrel, while the September Brent oil contract rose 1.25% or 0.60 to trade at $48.66 a barrel.

CAD/USD was up 0.26% to 0.7995, while CAD/EUR rose 0.45% to 0.6867.

The US Dollar Index Futures was up 0.04% at 93.82.

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