Canada stocks lower at close of trade; S&P/TSX Composite down 0.84%

Aug 07, 2018

Canada stocks were lower after the close on Tuesday, as losses in the Materials, Consumer Staples and REITs sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite declined 0.84% to hit a new 1-month low.

The best performers of the session on the S&P/TSX Composite were Dorel Industries Inc (TO:DIIb), which rose 5.30% or 1.31 points to trade at 26.03 at the close. Meanwhile, Parkland Fuel Corporation (TO:PKI) added 4.38% or 1.66 points to end at 39.59 and Trican Well Service Ltd . (TO:TCW) was up 3.53% or 0.100 points to 2.930 in late trade.

The worst performers of the session were MacDonald Dettwiler and Associates Ltd (TO:MAXR), which fell 13.15% or 7.59 points to trade at 50.14 at the close. New Gold Inc (TO:NGD) declined 6.43% or 0.110 points to end at 1.600 and Aurora Cannabis Inc (TO:ACB) was down 6.12% or 0.400 points to 6.140.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 628 to 457 and 118 ended unchanged.

Shares in MacDonald Dettwiler and Associates Ltd (TO:MAXR) fell to 5-year lows; down 13.15% or 7.59 to 50.14. Shares in Parkland Fuel Corporation (TO:PKI) rose to all time highs; rising 4.38% or 1.66 to 39.59.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 3.78% to 13.17.

Gold Futures for December delivery was up 0.08% or 1.00 to $1218.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.10% or 0.07 to hit $69.08 a barrel, while the October Brent oil contract rose 1.06% or 0.78 to trade at $74.53 a barrel.

CAD/USD was down 0.45% to 0.7660, while CAD/EUR fell 0.77% to 0.6605.

The US Dollar Index Futures was down 0.20% at 95.00.