Canada stocks lower at close of trade; S&P/TSX Composite down 0.86%

Canada stocks lower at close of trade; S&P/TSX Composite down 0.86%

Dec 07, 2018

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

At the close in Toronto, the S&P/TSX Composite lost 0.86% to hit a new 1-month low.

The best performers of the session on the S&P/TSX Composite were Eldorado Gold Corp (TO:ELD), which rose 9.21% or 0.07 points to trade at 0.83 at the close. Meanwhile, New Gold Inc (TO:NGD) added 8.57% or 0.090 points to end at 1.140 and Aurora Cannabis Inc (TO:ACB) was up 7.95% or 0.56 points to 7.60 in late trade.

The worst performers of the session were Shopify Inc (TO:SHOP), which fell 6.93% or 14.520 points to trade at 195.130 at the close. Canada Goose Holdings Inc (TO:GOOS) declined 6.91% or 5.77 points to end at 77.77 and Dorel Industries Inc (TO:DIIb) was down 6.70% or 1.26 points to 17.54.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 605 to 507 and 120 ended unchanged.

Shares in Dorel Industries Inc (TO:DIIb) fell to 5-year lows; losing 6.70% or 1.26 to 17.54.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 7.42% to 18.24.

Gold Futures for February delivery was up 0.82% or 10.15 to $1253.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.63% or 0.84 to hit $52.33 a barrel, while the February Brent oil contract rose 2.28% or 1.37 to trade at $61.43 a barrel.

CAD/USD was up 0.51% to 0.7511, while CAD/EUR rose 0.26% to 0.6584.

The US Dollar Index Futures was down 0.18% at 96.585.

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