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Canada stocks lower at close of trade; S&P/TSX Composite down 0.67%

Published 07/08/2015, 06:25 am
© Reuters.  Canada stocks lower at close of trade; S&P/TSX Composite down 0.67%

Investing.com – Canada stocks were lower after the close on Thursday, as losses in the Healthcare, Consumer Discretionary and Industrials sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite lost 0.67%.

The best performers of the session on the S&P/TSX Composite were Surge Energy Inc . (TO:SGY), which rose 18.26% or 0.400 points to trade at 2.590 at the close. Meanwhile, IAMGold Corporation (TO:IMG) added 14.53% or 0.25 points to end at 1.97 and Calfrac Well Services Ltd . (TO:CFW) was up 13.00% or 0.71 points to 6.17 in late trade.

The worst performers of the session were Stantec Inc. (TO:STN), which fell 11.40% or 4.16 points to trade at 32.34 at the close. Paramount Resources Ltd . (TO:POU) declined 11.37% or 2.15 points to end at 16.76 and Mitel Networks Corporation (TO:MNW) was down 10.33% or 1.30 points to 11.29.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 749 to 586 and 195 ended unchanged.

Shares in Paramount Resources Ltd. (TO:POU) fell to 5-year lows; down 11.37% or 2.15 to 16.76.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 5.02% to 15.26 a new 1-month high.

Gold for December delivery was up 0.27% or 2.90 to $1088.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.86% or 0.39 to hit $44.76 a barrel, while the September Brent oil contract rose 0.15% or 0.07 to trade at $49.66 a barrel.

CAD/USD was up 0.46% to 0.7623, while CAD/EUR rose 0.33% to 0.6979.

The US Dollar Index was down 0.11% at 97.87.

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