Canada Stock Market Update

Investing.com – Canada stocks were lower after the close on Wednesday, as losses in the IT, Materials, and Healthcare sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite declined 2.24% to hit a new 1-month low.

Best Performers

The best performers of the session on the S&P/TSX Composite were:
– Torex Gold Resources Inc (TSX:TXG): up 7.16% or 1.94 points to trade at 29.05.
– Gfl Environmental Inc (TSX:GFL): added 2.85% or 1.82 points to end at 65.62.
– Quebecor Inc Class B (TSX:QBRb): up 1.54% or 0.48 points to 31.62 in late trade.

Worst Performers

The worst performers of the session were:
– Shopify Inc (TSX:SHOP): fell 7.33% or 12.52 points to trade at 158.36.
– Calibre Mining Corp (TSX:CXB): declined 6.81% or 0.16 points to 2.19.
– SilverCrest Metals Inc (TSX:SIL): down 6.41% or 0.92 points to 13.43.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 717 to 225, and 95 ended unchanged.

Market Volatility

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 10.88% to 9.78.

Commodity Prices

• Gold Futures for February delivery was down 2.21% or 58.84 to $2,603.16 a troy ounce.
• Crude oil for delivery in January fell 0.80% or 0.56 to hit $69.52 a barrel.
• The February Brent oil contract fell 0.38% or 0.28 to trade at $72.91 a barrel.

Currency Exchange

• CAD/USD was down 0.86% to 0.69.
• CAD/EUR was unchanged at 0.67.
• The US Dollar Index Futures was up 1.10% at 107.84.