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Canada shares lower at close of trade; S&P/TSX Composite down 2.14%

Published 23/04/2022, 06:25 am
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Investing.com – Canada equities were lower at the close on Friday, as losses in the Consumer Discretionary, Materials and Financials sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite lost 2.14% to hit a new 1-month low.

The biggest gainers of the session on the S&P/TSX Composite were Transcontinental Inc (TSX:TCLa), which rose 2.57% or 0.41 points to trade at 16.37 at the close. Primo Water Corp (TSX:PRMW) added 1.03% or 0.19 points to end at 18.64 and MTY Food Group Inc (TSX:MTY) was up 1.01% or 0.55 points to 54.74 in late trade.

Biggest losers included First Quantum Minerals Ltd . (TSX:FM), which lost 9.08% or 3.57 points to trade at 35.75 in late trade. Altus Group Limited (TSX:AIF) declined 8.37% or 4.25 points to end at 46.50 and Finning International Inc . (TSX:FTT) shed 7.30% or 2.87 points to 36.47.

Declining stocks outnumbered rising ones by 926 to 166 and 73 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 31.41% to 17.32 a new 1-month high.

In commodities trading, Gold Futures for June delivery was down 0.71% or 13.90 to $1,934.30 a troy ounce. Meanwhile, Crude oil for delivery in June fell 2.51% or 2.60 to hit $101.19 a barrel, while the June Brent oil contract fell 2.52% or 2.73 to trade at $105.60 a barrel.

CAD/USD was down 1.03% to 0.79, while CAD/EUR unchanged 0.68% to 0.73.

The US Dollar Index Futures was up 0.49% at 101.11.

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