Canada shares lower at close of trade; S&P/TSX Composite down 1.45% By Investing.com

Investing.com – Canada equities were lower at the close on Thursday, as losses in the Materials, Financials and Industrials sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite lost 1.45% to hit a new 1-month low.

The biggest gainers of the session on the S&P/TSX Composite were Parex Resources Inc (TSX:PXT), which rose 5.51% or 1.14 points to trade at 21.83 at the close. Interfor Corp (TSX:IFP) added 2.86% or 0.87 points to end at 31.31 and Canfor Corporation (TSX:CFP) was up 2.62% or 0.73 points to 28.60 in late trade.

Biggest losers included Denison Mines Corp (TSX:DML), which lost 6.94% or 0.10 points to trade at 1.34 in late trade. Canadian Pacific Railway Limited (TSX:CP) declined 5.79% or 5.60 points to end at 91.19 and Westport Fuel Systems Inc (TSX:WPRT) shed 5.61% or 0.34 points to 5.72.

Declining stocks outnumbered rising ones by 761 to 292 and 79 ended unchanged on the Toronto Stock Exchange.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was unchanged 0% to 11.27.

In commodities trading, Gold Futures for August delivery was down 0.26% or 4.70 to $1797.40 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.25% or 0.90 to hit $73.10 a barrel, while the September Brent oil contract rose 1.14% or 0.84 to trade at $74.27 a barrel.

CAD/USD was down 0.37% to 0.7983, while CAD/EUR fell 0.77% to 0.6741.

The US Dollar Index Futures was down 0.26% at 92.403.