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Canada stocks lower at close of trade; S&P/TSX Composite down 0.54%

Published 07/18/2024, 04:30 PM
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Investing.com – Canada stocks were lower after the close on Thursday, as losses in the Materials, Consumer Discretionary and Healthcare sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.54%.

The best performers of the session on the S&P/TSX Composite were Algoma Steel Group Inc (TSX:ASTL), which rose 5.29% or 0.62 points to trade at 12.33 at the close. Meanwhile, Storagevault Canada Inc (TSX:SVI) added 4.73% or 0.23 points to end at 5.09 and Sleep Country Canada Holdings Inc (TSX:ZZZ) was up 2.83% or 0.77 points to 28.02 in late trade.

The worst performers of the session were HudBay Minerals Inc (TSX:HBM), which fell 7.54% or 0.90 points to trade at 11.04 at the close. Lundin Mining Corporation (TSX:LUN) declined 6.13% or 0.92 points to end at 14.09 and Interfor Corp (TSX:IFP) was down 5.97% or 1.04 points to 16.37.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 534 to 406 and 94 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 5.22% to 8.71.

Gold Futures for August delivery was down 0.53% or 13.10 to $2,446.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.69% or 0.56 to hit $80.88 a barrel, while the September Brent oil contract fell 0.36% or 0.31 to trade at $84.77 a barrel.

CAD/USD was unchanged 0.21% to 0.73, while CAD/EUR unchanged 0.16% to 0.67.

The US Dollar Index Futures was up 0.45% at 103.90.

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