Canada

Food & Beverages

12-04-2022

Canada shares lower at close of trade; S&P/TSX Composite down 0.38%

Canada

Canada equities were lower at the close on Monday, as losses in the Energy, Clean Technology and REITs sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite lost 0.38%. The biggest gainers of the session on the S&P/TSX Composite were Aurora Cannabis Inc (TSX:ACB), which rose 2.95% or 0.13 points to trade at 4.53 at the close. OceanaGold Corporation (TSX:OGC) added 2.93% or 0.09 points to end at 3.16 and Shopify Inc (TSX:SHOP) was up 2.91% or 22.04 points to 780.02 in late trade. Biggest losers included MTY Food Group Inc (TSX:MTY), which lost 6.70% or 3.95 points to trade at 55.00 in late trade. Ero Copper Corp (TSX:ERO) declined 6.57% or 1.33 points to end at 18.90 and Boralex Inc (TSX:BLX) shed 5.96% or 2.50 points to 39.47. Declining stocks outnumbered rising ones by 643 to 403 and 104 ended unchanged on the Toronto Stock Exchange.

 

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 14.20% to 10.33 a new 52-week low. In commodities trading, Gold Futures for June delivery was up 0.47% or 9.10 to $1,954.70 a troy ounce. Meanwhile, Crude oil for delivery in May fell 3.46% or 3.40 to hit $94.86 a barrel, while the June Brent oil contract fell 3.67% or 3.77 to trade at $99.01 a barrel. CAD/USD was unchanged 0.52% to 0.79, while CAD/EUR unchanged 0.54% to 0.73.