Canada stocks lower at close of trade; S&P/TSX Composite down 0.01%

Canada stocks lower at close of trade; S&P/TSX Composite down 0.01%

May 06, 2019

Canada stocks were lower after the close on Monday, as losses in the Materials, Consumer Discretionary and Clean Technology sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.01%.

The best performers of the session on the S&P/TSX Composite were Bausch Health Companies Inc (TO:BHC), which rose 9.16% or 2.88 points to trade at 34.31 at the close. Meanwhile, Eldorado Gold Corp (TO:ELD) added 5.91% or 0.27 points to end at 4.84 and Air Canada (TO:AC) was up 4.94% or 1.660 points to 35.280 in late trade.

The worst performers of the session were Great Canadian Gaming Corporation (TO:GC), which fell 7.84% or 3.83 points to trade at 45.01 at the close. Turquoise Hill Resources Ltd. (TO:TRQ) declined 6.37% or 0.130 points to end at 1.910 and NexGen Energy Ltd. (TO:NXE) was down 4.57% or 0.100 points to 2.090.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 546 to 456 and 149 ended unchanged.

Shares in Turquoise Hill Resources Ltd. (TO:TRQ) fell to 5-year lows; down 6.37% or 0.130 to 1.910. Shares in Air Canada (TO:AC) rose to all time highs; rising 4.94% or 1.660 to 35.280.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 4.53% to 12.01.

Gold Futures for June delivery was up 0.07% or 0.95 to $1282.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.94% or 0.58 to hit $62.52 a barrel, while the July Brent oil contract fell 0.64% or 0.46 to trade at $70.90 a barrel.

CAD/USD was down 0.05% to 0.7431, while CAD/EUR fell 0.06% to 0.6634.

The US Dollar Index Futures was up 0.03% at 97.292.

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