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Canada stocks lower at close of trade; S&P/TSX Composite down 1.01%

Published 01/11/2016, 04:25 PM
© Reuters.  Canada stocks lower at close of trade; S&P/TSX Composite down 1.01%

Investing.com – Canada stocks were lower after the close on Monday, as losses in the Mining, Healthcare and Energy sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 1.01% to hit a new 52-week low.

The best performers of the session on the S&P/TSX Composite were Corus Entertainment Inc (TO:CJRb), which rose 10.40% or 1.12 points to trade at 11.89 at the close. Meanwhile, Great Canadian Gaming Corporation (TO:GC) added 4.41% or 0.66 points to end at 15.63 and MacDonald Dettwiler and Associates Ltd (TO:MDA) was up 2.72% or 2.20 points to 82.99 in late trade.

The worst performers of the session were Pengrowth Energy Corporation (TO:PGF), which fell 14.43% or 0.14 points to trade at 0.83 at the close. Baytex Energy Corp (TO:BTE) declined 13.66% or 0.50 points to end at 3.16 and Penn West Petroleum Ltd. (TO:PWT) was down 13.13% or 0.13 points to 0.86.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 987 to 356 and 162 ended unchanged.

Shares in Pengrowth Energy Corporation (TO:PGF) fell to all time lows; falling 14.43% or 0.14 to 0.83. Shares in Baytex Energy Corp (TO:BTE) fell to 5-year lows; losing 13.66% or 0.50 to 3.16.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 3.05% to 24.79.

Gold for February delivery was down 0.26% or 2.90 to $1095.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 6.14% or 2.04 to hit $31.12 a barrel, while the March Brent oil contract fell 6.87% or 2.33 to trade at $31.60 a barrel.

CAD/USD was down 0.37% to 0.7030, while CAD/EUR rose 0.31% to 0.6475.

The US Dollar Index was up 0.49% at 98.93.

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