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%

Sep 03, 2019

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

At the close in Toronto, the S&P/TSX Composite lost 0.26%.

The best performers of the session on the S&P/TSX Composite were Crescent Point Energy Corp . (TSX:CPG), which rose 6.67% or 0.28 points to trade at 4.48 at the close. Meanwhile, Canopy Growth Corp (TSX:WEED) added 5.40% or 1.700 points to end at 33.160 and Kinross Gold Corporation (TSX:K) was up 4.68% or 0.31 points to 6.93 in late trade.

The worst performers of the session were Finning International Inc . (TSX:FTT), which fell 6.63% or 1.53 points to trade at 21.55 at the close. Gran Tierra Energy Inc (TSX:GTE) declined 5.82% or 0.110 points to end at 1.780 and Turquoise Hill Resources Ltd. (TSX:TRQ) was down 5.17% or 0.030 points to 0.550.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 586 to 476 and 99 ended unchanged.

Shares in Kinross Gold Corporation (TSX:K) rose to 3-years highs; gaining 4.68% or 0.31 to 6.93. Shares in Turquoise Hill Resources Ltd. (TSX:TRQ) fell to all time lows; losing 5.17% or 0.030 to 0.550.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 6.67% to 14.23.

Gold Futures for December delivery was up 1.75% or 26.80 to $1556.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.09% or 1.15 to hit $53.95 a barrel, while the November Brent oil contract fell 0.03% or 0.02 to trade at $58.20 a barrel.

CAD/USD was down 0.01% to 0.7497, while CAD/EUR fell 0.01% to 0.6830.

The US Dollar Index Futures was up 0.08% at 98.938.

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