MARKET NEWS

Canada stocks lower at close of trade; S&P/TSX Composite down 0.92%

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Canada stocks were lower after the close on Tuesday, as losses in the IT, Materials and Consumer Discretionary sectors led shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.92%.

The best performers of the session on the S&P/TSX Composite were Torex Gold Resources Inc (TSX:TXG), which rose 3.21% or 0.440 points to trade at 14.130 at the close. Meanwhile, Seven Generations Energy Ltd (TSX:VII) added 3.12% or 0.20 points to end at 6.61 and Bombardier Inc (TSX:BBDb) was up 2.74% or 0.060 points to 2.250 in late trade.

The worst performers of the session were Shopify Inc (TSX:SHOP), which fell 8.99% or 36.910 points to trade at 373.790 at the close. MAG Silver Corp (TSX:MAG) declined 6.40% or 0.98 points to end at 14.33 and Osisko Gold Ro (TSX:OR) was down 5.31% or 0.80 points to 14.27. Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 696 to 351 and 135 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 6.02% to 12.32. Gold Futures for August delivery was up 0.60% or 8.50 to $1426.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.54% or 0.89 to hit $58.79 a barrel, while the September Brent oil contract fell 0.12% or 0.08 to trade at $64.98 a barrel. CAD/USD was down 0.05% to 0.7591, while CAD/EUR fell 0.05% to 0.6676. The US Dollar Index Futures was up 0.17% at 95.648.