Canada stocks lower at close of trade; S&P/TSX Composite down 0.30%

Canada stocks lower at close of trade; S&P/TSX Composite down 0.30%

May 28, 2019

Canada stocks were lower after the close on Tuesday, as losses in the Real Estate, REITs and Healthcare sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.30%.

The best performers of the session on the S&P/TSX Composite were New Gold Inc (TSX:NGD), which rose 9.30% or 0.080 points to trade at 0.940 at the close. Meanwhile, Eldorado Gold Corp (TSX:ELD) added 4.70% or 0.22 points to end at 4.90 and NFI Group Inc (TSX:NFI) was up 3.52% or 1.15 points to 33.82 in late trade.

The worst performers of the session were Enerflex Ltd . (TSX:EFX), which fell 6.29% or 1.10 points to trade at 16.40 at the close. MEG Energy Corp (TSX:MEG) declined 5.77% or 0.27 points to end at 4.41 and Bausch Health Companies Inc (TSX:BHC) was down 5.70% or 1.84 points to 30.43.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 626 to 415 and 143 ended unchanged.

Shares in MEG Energy Corp (TSX:MEG) fell to 52-week lows; falling 5.77% or 0.27 to 4.41.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 4.23% to 12.31.

Gold Futures for June delivery was down 0.39% or 4.95 to $1278.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.72% or 0.42 to hit $59.05 a barrel, while the August Brent oil contract rose 0.06% or 0.04 to trade at $68.68 a barrel.

CAD/USD was up 0.00% to 0.7411, while CAD/EUR rose 0.02% to 0.6641.

The US Dollar Index Futures was up 0.39% at 97.855.

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