Canada stocks lower at close of trade; S&P/TSX Composite down 0.20%
Investing.com – Canada stocks were lower after the close on Thursday, as losses in the Healthcare, Materials and Consumer Discretionary sectors led shares lower.
At the close in Toronto, the S&P/TSX Composite lost 0.20%.
The best performers of the session on the S&P/TSX Composite were Empire Company Ltd (TSX:EMPa), which rose 5.30% or 2.75 points to trade at 54.65 at the close. Meanwhile, Algoma Steel Group Inc (TSX:ASTL) added 4.49% or 0.41 points to end at 9.54 and Paramount Resources Ltd . (TSX:POU) was up 2.67% or 0.60 points to 23.06 in late trade.
The worst performers of the session were Capstone Mining Corp (TSX:CS), which fell 3.75% or 0.29 points to trade at 7.44 at the close. Secure Energy Services Inc . (TSX:SES) declined 3.64% or 0.57 points to end at 15.09 and Ivanhoe Mines Ltd. (TSX:IVN) was down 2.76% or 0.29 points to 10.21.
Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 439 to 393 and 115 ended unchanged.
Shares in Empire Company Ltd (TSX:EMPa) rose to 5-year highs; up 5.30% or 2.75 to 54.65.
The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 7.65% to 9.85.
Gold Futures for August delivery was down 0.61% or 20.70 to $3,387.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.52% or 0.38 to hit $73.88 a barrel, while the August Brent oil contract rose 2.66% or 2.04 to trade at $78.74 a barrel.
CAD/USD was unchanged 0.07% to 0.73, while CAD/EUR unchanged 0.23% to 0.63.
The US Dollar Index Futures was down 0.14% at 98.33.
CS: A Bull or Bear Market Play?
Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if CS is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.
