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Canada stocks lower at close of trade; S&P/TSX Composite down 0.50%

Published 12/16/2024, 04:30 PM
Updated 12/16/2024, 04:31 PM
© Reuters Canada stocks lower at close of trade; S&P/TSX Composite down 0.50%
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Investing.com – Canada stocks were lower after the close on Monday, as losses in the Telecoms, Energy and Materials sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.50%.

The best performers of the session on the S&P/TSX Composite were BlackBerry Ltd (TSX:BB), which rose 14.88% or 0.57 points to trade at 4.40 at the close. Meanwhile, TransAlta Corp (TSX:TA) added 3.98% or 0.76 points to end at 19.85 and Aritzia Inc (TSX:ATZ) was up 2.68% or 1.35 points to 51.73 in late trade.

The worst performers of the session were Baytex Energy Corp (TSX:BTE), which fell 5.04% or 0.18 points to trade at 3.39 at the close. Rogers Communications Inc (TSX:RCIb) declined 4.40% or 2.09 points to end at 45.45 and Algoma Steel Group Inc (TSX:ASTL) was down 4.38% or 0.63 points to 13.74.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 569 to 378 and 86 ended unchanged.

Shares in Baytex Energy Corp (TSX:BTE) fell to 52-week lows; down 5.04% or 0.18 to 3.39. Shares in TransAlta Corp (TSX:TA) rose to 5-year highs; up 3.98% or 0.76 to 19.85. Shares in Rogers Communications Inc (TSX:RCIb) fell to 5-year lows; losing 4.40% or 2.09 to 45.45. Shares in Aritzia Inc (TSX:ATZ) rose to 52-week highs; gaining 2.68% or 1.35 to 51.73.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 14.48% to 8.46.

Gold Futures for February delivery was down 0.24% or 6.33 to $2,669.47 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.54% or 1.10 to hit $70.19 a barrel, while the February Brent oil contract fell 0.95% or 0.71 to trade at $73.78 a barrel.

CAD/USD was unchanged 0.07% to 0.70, while CAD/EUR unchanged 0.28% to 0.67.

The US Dollar Index Futures was down 0.10% at 106.58.

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