Canada stocks lower at close of trade; S&P/TSX Composite down 0.11%

Canada stocks lower at close of trade; S&P/TSX Composite down 0.11%

Jul 17, 2019

Canada stocks were lower after the close on Wednesday, as losses in the Energy, Industrials and Consumer Discretionary sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.11%.

The best performers of the session on the S&P/TSX Composite were OceanaGold Corporation (TSX:OGC), which rose 10.36% or 0.350 points to trade at 3.730 at the close. Meanwhile, First Majestic Silver Corp. (TSX:FR) added 8.67% or 0.97 points to end at 12.16 and Pan American Silver Corp (TSX:PAAS) was up 6.67% or 1.22 points to 19.51 in late trade.

The worst performers of the session were Precision Drilling Corporation (TSX:PD), which fell 4.87% or 0.11 points to trade at 2.15 at the close. TFI International Inc (TSX:TFII) declined 4.28% or 1.71 points to end at 38.26 and NexGen Energy Ltd. (TSX:NXE) was down 4.05% or 0.090 points to 2.130.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 558 to 483 and 116 ended unchanged.

Shares in Precision Drilling Corporation (TSX:PD) fell to 5-year lows; losing 4.87% or 0.11 to 2.15. Shares in First Majestic Silver Corp. (TSX:FR) rose to 52-week highs; up 8.67% or 0.97 to 12.16.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 1.51% to 10.74.

Gold Futures for August delivery was up 1.20% or 16.95 to $1428.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.80% or 1.04 to hit $56.58 a barrel, while the September Brent oil contract rose 0.03% or 0.02 to trade at $63.61 a barrel.

CAD/USD was up 0.00% to 0.7662, while CAD/EUR rose 0.01% to 0.6827.

The US Dollar Index Futures was down 0.20% at 96.850.

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