Canada shares lower at close of trade; S&P/TSX Composite down 0.57%

Investing.com – Canada equities were lower at the close on Wednesday, as losses in the Materials, IT and Clean Technology sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.57%.

The biggest gainers of the session on the S&P/TSX Composite were National Bank of Canada (TSX:NA), which rose 5.86% or 7.02 points to trade at 126.91 at the close. Canadian Western Bank (TSX:CWB) added 4.48% or 2.25 points to end at 52.42 and Royal Bank of Canada (TSX:RY) was up 2.18% or 3.41 points to 159.98 in late trade.

Biggest losers included Kinaxis Inc (TSX:KXS), which lost 14.54% or 22.79 points to trade at 133.95 in late trade. Ivanhoe Mines Ltd. (TSX:IVN) declined 5.58% or 1.06 points to end at 17.93 and Capstone Mining Corp (TSX:CS) shed 4.99% or 0.49 points to 9.32.

Declining stocks outnumbered rising ones by 598 to 307 and 119 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 3.02% to 10.91.

In commodities trading, Gold Futures for December delivery was down 0.47% or 11.90 to $2,541.00 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.26% or 0.95 to hit $74.58 a barrel, while the November Brent oil contract fell 1.37% or 1.08 to trade at $77.58 a barrel.

CAD/USD was unchanged 0.27% to 0.74, while CAD/EUR unchanged 0.36% to 0.67.

The US Dollar Index Futures was up 0.53% at 100.98.