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Canada stocks lower at close of trade; S&P/TSX Composite down 0.71%

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December 31, 2024
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Canada stocks lower at close of trade; S&P/TSX Composite down 0.71%

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

At the close in Toronto, the S&P/TSX Composite declined 0.71%.

The best performers of the session on the S&P/TSX Composite were Birchcliff Energy Ltd . (TSX:BIR), which rose 5.56% or 0.28 points to trade at 5.32 at the close. Meanwhile, Advantage Oil & Gas Ltd. (TSX:AAV) added 5.26% or 0.48 points to end at 9.60 and Tourmaline Oil Corp . (TSX:TOU) was up 4.51% or 2.88 points to 66.79 in late trade.

The worst performers of the session were MAG Silver Corp (TSX:MAG), which fell 4.02% or 0.80 points to trade at 19.12 at the close. Tilray Inc (TSX:TLRY) declined 3.92% or 0.08 points to end at 1.96 and Seabridge Gold Inc . (TSX:SEA) was down 3.46% or 0.58 points to 16.16.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 565 to 358 and 89 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 6.56% to 11.69.

Gold Futures for February delivery was down 0.38% or 10.05 to $2,621.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.76% or 0.54 to hit $71.14 a barrel, while the March Brent oil contract rose 0.43% or 0.32 to trade at $74.11 a barrel.

CAD/USD was unchanged 0.43% to 0.70, while CAD/EUR unchanged 0.72% to 0.67.

The US Dollar Index Futures was up 0.08% at 107.88.

This post appeared first on investing.com
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