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Canada stocks lower at close of trade; S&P/TSX Composite down 2.18%

Published 08/02/2024, 04:30 PM
© Reuters.  Canada stocks lower at close of trade; S&P/TSX Composite down 2.18%
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Investing.com – Canada stocks were lower after the close on Friday, as losses in the IT, Energy and Healthcare sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 2.18%.

The best performers of the session on the S&P/TSX Composite were Definity Financial Corp (TSX:DFY), which rose 5.69% or 2.68 points to trade at 49.80 at the close. Meanwhile, Centerra Gold Inc (TSX:CG) added 2.09% or 0.19 points to end at 9.27 and Primaris Real Estate Investment Trust (TSX:PMZ_u) was up 2.09% or 0.29 points to 14.16 in late trade.

The worst performers of the session were Lightspeed Commerce Inc (TSX:LSPD), which fell 9.41% or 1.72 points to trade at 16.56 at the close. Denison Mines Corp (TSX:DML) declined 8.26% or 0.20 points to end at 2.22 and Bausch Health Companies Inc (TSX:BHC) was down 8.03% or 0.68 points to 7.79.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 773 to 201 and 84 ended unchanged.

Shares in Definity Financial Corp (TSX:DFY) rose to all time highs; gaining 5.69% or 2.68 to 49.80. Shares in Lightspeed Commerce Inc (TSX:LSPD) fell to 3-years lows; falling 9.41% or 1.72 to 16.56. Shares in Bausch Health Companies Inc (TSX:BHC) fell to 52-week lows; losing 8.03% or 0.68 to 7.79.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 38.53% to 18.48 a new 6-months high.

Gold Futures for December delivery was down 0.05% or 1.20 to $2,479.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 2.95% or 2.25 to hit $74.06 a barrel, while the October Brent oil contract fell 2.78% or 2.21 to trade at $77.31 a barrel.

CAD/USD was unchanged 0.06% to 0.72, while CAD/EUR fell 1.02% to 0.66.

The US Dollar Index Futures was down 1.14% at 103.01.

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