Canada stocks lower at close of trade; S&P/TSX Composite down 0.21%

Canada stocks lower at close of trade; S&P/TSX Composite down 0.21%

Sep 10, 2018

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

At the close in Toronto, the S&P/TSX Composite declined 0.21% to hit a new 3-months low.

The best performers of the session on the S&P/TSX Composite were Aphria Inc (TO:APH), which rose 6.53% or 1.330 points to trade at 21.700 at the close. Meanwhile, Parex Resources Inc (TO:PXT) added 4.55% or 0.860 points to end at 19.780 and Torex Gold Resources Inc (TO:TXG) was up 4.11% or 0.380 points to 9.630 in late trade.

The worst performers of the session were Tahoe Resources Inc (TO:THO), which fell 6.38% or 0.24 points to trade at 3.52 at the close. New Gold Inc (TO:NGD) declined 5.45% or 0.060 points to end at 1.040 and Pan American Silver Corp (TO:PAAS) was down 3.96% or 0.78 points to 18.93.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 602 to 465 and 138 ended unchanged.

Shares in New Gold Inc (TO:NGD) fell to 5-year lows; losing 5.45% or 0.060 to 1.040.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 1.71% to 14.87 a new 3-months high.

Gold Futures for December delivery was up 0.05% or 0.60 to $1201.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.34% or 0.23 to hit $67.52 a barrel, while the November Brent oil contract fell 0.01% or 0.01 to trade at $77.34 a barrel.

CAD/USD was up 0.03% to 0.7599, while CAD/EUR rose 0.02% to 0.6554.

The US Dollar Index Futures was down 0.27% at 95.12.

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