Canada stocks lower at close of trade; S&P/TSX Composite down 0.26%

Canada stocks lower at close of trade; S&P/TSX Composite down 0.26%

May 30, 2019

Canada stocks were lower after the close on Thursday, as losses in the Healthcare, Energy and Utilities sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite lost 0.26% to hit a new 1-month low.

The best performers of the session on the S&P/TSX Composite were BRP Inc (TSX:DOO), which rose 15.57% or 5.63 points to trade at 41.79 at the close. Meanwhile, Torex Gold Resources Inc (TSX:TXG) added 4.61% or 0.530 points to end at 12.020 and Alamos Gold Inc (TSX:AGI) was up 4.34% or 0.26 points to 6.25 in late trade.

The worst performers of the session were Turquoise Hill Resources Ltd. (TSX:TRQ), which fell 6.06% or 0.100 points to trade at 1.550 at the close. Encana Corporation (TSX:ECA) declined 5.45% or 0.43 points to end at 7.46 and Birchcliff Energy Ltd . (TSX:BIR) was down 4.44% or 0.15 points to 3.23.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 666 to 405 and 98 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 11.17% to 14.24.

Gold Futures for June delivery was up 0.54% or 6.90 to $1287.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 4.08% or 2.40 to hit $56.41 a barrel, while the August Brent oil contract unchanged 0.00% or 0.00 to trade at $65.09 a barrel.

CAD/USD was unchanged 0.00% to 0.7406, while CAD/EUR rose 0.01% to 0.6655.

The US Dollar Index Futures was up 0.05% at 98.080.

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