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Canada stocks lower at close of trade; S&P/TSX Composite down 0.10%

Published 11/04/2024, 03:30 PM
Updated 11/04/2024, 03:35 PM
© Reuters.  Canada stocks lower at close of trade; S&P/TSX Composite down 0.10%
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Investing.com – Canada stocks were lower after the close on Monday, as losses in the Telecoms, Healthcare and Materials sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite declined 0.10%.

The best performers of the session on the S&P/TSX Composite were Baytex Energy Corp (TSX:BTE), which rose 4.89% or 0.20 points to trade at 4.29 at the close. Meanwhile, Tilray Inc (TSX:TLRY) added 4.35% or 0.10 points to end at 2.40 and MEG Energy Corp (TSX:MEG) was up 4.21% or 1.06 points to 26.21 in late trade.

The worst performers of the session were BCE Inc (TSX:BCE), which fell 9.62% or 4.31 points to trade at 40.50 at the close. Bausch Health Companies Inc (TSX:BHC) declined 5.05% or 0.69 points to end at 12.96 and South Bow Corp (TSX:SOBO) was down 4.19% or 1.45 points to 33.07.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 497 to 407 and 92 ended unchanged.

Shares in BCE Inc (TSX:BCE) fell to 5-year lows; losing 9.62% or 4.31 to 40.50.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 4.85% to 12.76 a new 1-month high.

Gold Futures for December delivery was down 0.06% or 1.75 to $2,747.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 3.14% or 2.18 to hit $71.67 a barrel, while the January Brent oil contract rose 2.97% or 2.17 to trade at $75.27 a barrel.

CAD/USD was unchanged 0.18% to 0.72, while CAD/EUR unchanged 0.18% to 0.66.

The US Dollar Index Futures was down 0.39% at 103.80.

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