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Canada shares lower at close of trade; S&P/TSX Composite down 0.50%

Published 23/03/2016, 07:25 am
© Reuters.  Canada shares lower at close of trade; S&P/TSX Composite down 0.50%
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Investing.com – Canada equities were lower at the close on Tuesday, as losses in the Industrials, Materials and REITs sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.50%.

The biggest gainers of the session on the S&P/TSX Composite were Valeant Pharmaceuticals International Inc (TO:VRX), which rose 9.37% or 3.55 points to trade at 41.45 at the close. Veresen Inc . (TO:VSN) added 7.17% or 0.62 points to end at 9.27 and Celestica Inc. (TO:CLS) was up 5.90% or 0.78 points to 14.00 in late trade.

Biggest losers included ProMetic Life Sciences Inc. (TO:PLI), which lost 7.85% or 0.27 points to trade at 3.17 in late trade. Potash Corporation of Saskatchewan (TO:POT) declined 4.56% or 1.13 points to end at 23.64 and Badger Daylighting Ltd . (TO:BAD) shed 4.15% or 0.95 points to 21.93.

Advancing stocks outnumbered falling ones by 641 to 620 and 351 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 4.07% to 19.42.

In commodities trading, Gold for April delivery was up 0.27% or 3.40 to $1247.60 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.39% or 0.16 to hit $41.36 a barrel, while the May Brent oil contract rose 0.51% or 0.21 to trade at $41.75 a barrel.

CAD/USD was up 0.43% to 0.7666, while CAD/EUR rose 0.41% to 0.6831.

The US Dollar Index was up 0.26% at 95.65.

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