Canada stocks lower at close of trade; S&P/TSX Composite down 0.35%

Canada stocks lower at close of trade; S&P/TSX Composite down 0.35%

Dec 11, 2018

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

At the close in Toronto, the S&P/TSX Composite declined 0.35% to hit a new 52-week low.

The best performers of the session on the S&P/TSX Composite were NuVista Energy Ltd . (TO:NVA), which rose 10.66% or 0.370 points to trade at 3.840 at the close. Meanwhile, Aphria Inc (TO:APHA) added 8.90% or 0.670 points to end at 8.200 and Trican Well Service Ltd . (TO:TCW) was up 6.67% or 0.080 points to 1.280 in late trade.

The worst performers of the session were MacDonald Dettwiler and Associates Ltd (TO:MAXR), which fell 6.87% or 1.25 points to trade at 16.94 at the close. WestJet Airlines Ltd (TO:WJA) declined 5.36% or 1.04 points to end at 18.36 and Baytex Energy Corp (TO:BTE) was down 3.90% or 0.09 points to 2.22.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 607 to 534 and 109 ended unchanged.

Shares in MacDonald Dettwiler and Associates Ltd (TO:MAXR) fell to 5-year lows; losing 6.87% or 1.25 to 16.94. Shares in Baytex Energy Corp (TO:BTE) fell to 52-week lows; down 3.90% or 0.09 to 2.22.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 0.44% to 18.21.

Gold Futures for February delivery was down 0.12% or 1.55 to $1247.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.43% or 0.73 to hit $51.73 a barrel, while the February Brent oil contract rose 0.67% or 0.40 to trade at $60.37 a barrel.

CAD/USD was unchanged 0.00% to 0.7464, while CAD/EUR rose 0.35% to 0.6595.

The US Dollar Index Futures was up 0.27% at 97.445.

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