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Canada shares lower at close of trade; S&P/TSX Composite down 0.42%

Published 11/05/2023, 06:25 am
© Reuters.  Canada shares lower at close of trade; S&P/TSX Composite down 0.42%

Investing.com – Canada equities were lower at the close on Wednesday, as losses in the Clean Technology, Energy and Materials sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.42%.

The biggest gainers of the session on the S&P/TSX Composite were Element Fleet Management Corp (TSX:EFN), which rose 13.69% or 2.45 points to trade at 20.35 at the close. goeasy Ltd (TSX:GSY) added 12.86% or 12.34 points to end at 108.30 and Stella-Jones Inc. (TSX:SJ) was up 7.76% or 4.27 points to 59.31 in late trade.

Biggest losers included Converge Technology Solutions Corp (TSX:CTS), which lost 22.79% or 0.80 points to trade at 2.71 in late trade. Nuvei Corp (TSX:NVEI) declined 14.42% or 8.18 points to end at 48.55 and Endeavour Silver Corp. (TSX:EDR) shed 14.23% or 0.80 points to 4.82.

Declining stocks outnumbered rising ones by 539 to 403 and 114 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 down 3.49% to 12.98.

In commodities trading, Gold Futures for June delivery was down 0.26% or 5.25 to $2,037.65 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.23% or 0.91 to hit $72.80 a barrel, while the July Brent oil contract fell 1.03% or 0.80 to trade at $76.64 a barrel.

CAD/USD was unchanged 0.10% to 0.75, while CAD/EUR unchanged 0.07% to 0.68.

The US Dollar Index Futures was down 0.17% at 101.23.

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