Canada stocks lower at close of trade; S&P/TSX Composite down 1.00%

Canada stocks lower at close of trade; S&P/TSX Composite down 1.00%

Jan 03, 2019

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

At the close in Toronto, the S&P/TSX Composite declined 1.00%.

The best performers of the session on the S&P/TSX Composite were New Gold Inc (TO:NGD), which rose 10.91% or 0.120 points to trade at 1.220 at the close. Meanwhile, Semafo Inc . (TO:SMF) added 8.22% or 0.24 points to end at 3.16 and Eldorado Gold Corp (TO:ELD) was up 7.87% or 0.34 points to 4.66 in late trade.

The worst performers of the session were MacDonald Dettwiler and Associates Ltd (TO:MAXR), which fell 9.63% or 1.63 points to trade at 15.29 at the close. First Quantum Minerals Ltd . (TO:FM) declined 9.00% or 0.95 points to end at 9.61 and Shopify Inc (TO:SHOP) was down 6.52% or 12.200 points to 174.910.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 628 to 483 and 102 ended unchanged.

Shares in First Quantum Minerals Ltd. (TO:FM) fell to 52-week lows; losing 9.00% or 0.95 to 9.61.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 2.97% to 25.65.

Gold Futures for February delivery was up 0.94% or 12.05 to $1296.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.33% or 0.62 to hit $47.16 a barrel, while the March Brent oil contract rose 1.88% or 1.03 to trade at $55.94 a barrel.

CAD/USD was up 0.73% to 0.7419, while CAD/EUR rose 0.26% to 0.6509.

The US Dollar Index Futures was down 0.65% at 95.797.

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