Canada Stocks Lower at Close of Trade; S&P/TSX Composite Down 0.44%
At the end of trading in Toronto, Canada stocks saw a decline of 0.44%, marking a new three-month low. The overall drop was influenced by losses in various sectors.
Contents
Top Performers of the Day
Despite the general downturn, some companies performed well:
- Innergex Renewable Energy Inc: Rose 2.32% (0.24 points) to trade at 10.59.
- Lundin Mining Corporation: Increased by 1.94% (0.28 points) to end at 14.75.
- Boralex Inc: Went up by 1.82% (0.61 points) to 34.11.
Worst Performers of the Day
On the other hand, some companies experienced significant declines:
- Canfor Corporation: Fell 2.89% (0.43 points) to trade at 14.44.
- Interfor Corp: Declined by 2.83% (0.51 points) to end at 17.49.
- Brookfield Corp: Dropped 2.56% (1.45 points) to 55.29.
Market Breadth
On the Toronto Stock Exchange, falling stocks outnumbered advancing ones by 601 to 317, with 120 stocks remaining unchanged.
Volatility and Commodities
The index that measures the implied volatility of S&P/TSX Composite options was up 4.03% to 10.85.
In the commodities market:
- Gold Futures for August delivery dropped 0.18% (4.20 points) to $2,342.70 a troy ounce.
- Crude oil for August delivery fell 0.09% (0.07 points) to $80.64 a barrel.
- Brent oil contract for August fell 0.07% (0.06 points) to $85.27 a barrel.
Currency Exchange Rates
- The Canadian Dollar/US Dollar (CAD/USD) was unchanged at 0.73.
- The Canadian Dollar/Euro (CAD/EUR) remained steady at 0.68.
The US Dollar Index Futures stayed constant at 104.88.
Stay tuned for more updates and essential market insights.
