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Canada shares lower at close of trade; S&P/TSX Composite down 1.14%

Published 04/05/2016, 06:25 am
© Reuters.  Canada shares lower at close of trade; S&P/TSX Composite down 1.14%
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Investing.com – Canada equities were lower at the close on Tuesday, as losses in the Mining, Energy and Materials sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite declined 1.14%.

The biggest gainers of the session on the S&P/TSX Composite were Valeant Pharmaceuticals International Inc (TO:VRX), which rose 11.51% or 4.70 points to trade at 45.55 at the close. Kinaxis Inc (TO:KXS) added 6.55% or 2.64 points to end at 42.92 and Performance Sports Group Ltd (TO:PSG) was up 4.34% or 0.20 points to 4.81 in late trade.

Biggest losers included Encana Corporation (TO:ECA), which lost 10.43% or 0.97 points to trade at 8.33 in late trade. HudBay Minerals Inc. (TO:HBM) declined 8.07% or 0.49 points to end at 5.58 and Penn West Petroleum Ltd. (TO:PWT) shed 7.69% or 0.10 points to 1.20.

Declining stocks outnumbered rising ones by 594 to 233 and 70 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 up 14.64% to 18.72.

In commodities trading, Gold for June delivery was down 0.57% or 7.40 to $1288.40 a troy ounce. Meanwhile, Crude oil for delivery in June fell 2.59% or 1.16 to hit $43.62 a barrel, while the July Brent oil contract fell 1.77% or 0.81 to trade at $45.02 a barrel.

CAD/USD was down 1.50% to 0.7861, while CAD/EUR fell 1.26% to 0.6833.

The US Dollar Index was up 0.46% at 92.96.

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