Investing.com – Canada equities were lower at the close on Wednesday, as losses in the Materials, Energy and IT sectors propelled shares lower.
At the close in Toronto, the S&P/TSX Composite lost 2.73% to hit a new 3-month low.
The biggest gainers of the session on the S&P/TSX Composite were FirstService Corp (TSX:FSV), which rose 1.75% or 2.95 points to trade at 171.57 at the close. Ritchie Bros. Auctioneers Inc . (TSX:RBA) added 0.80% or 0.64 points to end at 80.16 and Nutrien Ltd (TSX:NTR) was up 0.53% or 0.28 points to 53.48 in late trade.
Biggest losers included Silvercorp Metals Inc (TSX:SVM), which lost 11.09% or 1.07 points to trade at 8.58 in late trade. Fortuna Silver Mines Inc (TSX:FVI) declined 10.63% or 1.01 points to end at 8.49 and Kinross Gold Corporation (TSX:K) shed 9.72% or 1.12 points to 10.40.
Declining stocks outnumbered rising ones by 1020 to 89 and 77 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 December delivery was down 1.81% or 34.55 to $1877.35 a troy ounce. Meanwhile, Crude oil for delivery in December fell 5.64% or 2.23 to hit $37.34 a barrel, while the January Brent oil contract fell 4.81% or 2.00 to trade at $39.61 a barrel.
CAD/USD was down 0.96% to 0.7510, while CAD/EUR fell 0.58% to 0.6391.
The US Dollar Index Futures was up 0.57% at 93.453.