Canada shares lower at close of trade; S&P/TSX Composite down 1.43%

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

At the close in Toronto, the S&P/TSX Composite declined 1.43%.

The biggest gainers of the session on the S&P/TSX Composite were Bausch Health Companies Inc (TSX:BHC), which rose 12.66% or 1.44 points to trade at 12.81 at the close. Tamarack Valley Energy Ltd (TSX:TVE) added 6.74% or 0.26 points to end at 4.15 and Capital Power Corporation (TSX:CPX) was up 4.00% or 2.17 points to 56.47 in late trade.

Biggest losers included Veren Inc (TSX:VRN), which lost 14.44% or 1.21 points to trade at 7.17 in late trade. Open Text Corp (TSX:OTEX) declined 11.13% or 5.23 points to end at 41.76 and Badger Infrastructure Solutions Ltd (TSX:BDGI) shed 10.52% or 4.26 points to 36.22.

Declining stocks outnumbered rising ones by 696 to 246 and 86 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 3.40% to 11.87.

In commodities trading, Gold Futures for December delivery was down 1.55% or 43.30 to $2,757.50 a troy ounce. Meanwhile, Crude oil for delivery in December rose 2.71% or 1.86 to hit $70.47 a barrel, while the January Brent oil contract rose 2.59% or 1.87 to trade at $74.03 a barrel.

CAD/USD was unchanged 0.14% to 0.72, while CAD/EUR unchanged 0.39% to 0.66.

The US Dollar Index Futures was down 0.05% at 103.81.