Canada stocks lower at close of trade; S&P/TSX Composite down 0.32%

Canada stocks lower at close of trade; S&P/TSX Composite down 0.32%

Sep 24, 2018

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

At the close in Toronto, the S&P/TSX Composite lost 0.32%.

The best performers of the session on the S&P/TSX Composite were Baytex Energy Corp (TO:BTE), which rose 10.84% or 0.38 points to trade at 3.83 at the close. Meanwhile, Gran Tierra Energy Inc (TO:GTE) added 8.31% or 0.370 points to end at 4.820 and Paramount Resources Ltd . (TO:POU) was up 6.84% or 0.91 points to 14.22 in late trade.

The worst performers of the session were New Gold Inc (TO:NGD), which fell 16.28% or 0.210 points to trade at 1.080 at the close. First Quantum Minerals Ltd . (TO:FM) declined 7.10% or 1.22 points to end at 15.96 and MacDonald Dettwiler and Associates Ltd (TO:MAXR) was down 5.46% or 2.60 points to 45.06.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 571 to 506 and 151 ended unchanged.

Shares in Gran Tierra Energy Inc (TO:GTE) rose to 3-years highs; rising 8.31% or 0.370 to 4.820.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 3.05% to 13.17.

Gold Futures for December delivery was up 0.16% or 1.90 to $1203.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.08% or 1.47 to hit $72.25 a barrel, while the December Brent oil contract rose 3.20% or 2.50 to trade at $80.74 a barrel.

CAD/USD was down 0.22% to 0.7725, while CAD/EUR fell 0.26% to 0.6572.

The US Dollar Index Futures was up 0.04% at 93.83.

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