Canada stocks lower at close of trade; S&P/TSX Composite down 0.42%

Investing.com – Canada stocks were lower after the close on Friday, as losses in the IT, Consumer Discretionary and Real Estate sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite lost 0.42%.

The best performers of the session on the S&P/TSX Composite were International Petroleum Corp (TSX:IPCO), which rose 9.04% or 1.90 points to trade at 22.92 at the close. Meanwhile, Bausch Health Companies Inc (TSX:BHC) added 8.27% or 0.62 points to end at 8.12 and Athabasca Oil Corp (TSX:ATH) was up 7.42% or 0.42 points to 6.08 in late trade.

The worst performers of the session were Lightspeed Commerce Inc (TSX:LSPD), which fell 5.30% or 0.83 points to trade at 14.84 at the close. Celestica Inc. (TSX:CLS) declined 4.31% or 7.67 points to end at 170.26 and Ero Copper Corp (TSX:ERO) was down 4.09% or 0.87 points to 20.41.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 451 to 422 and 100 ended unchanged.

Shares in International Petroleum Corp (TSX:IPCO) rose to all time highs; gaining 9.04% or 1.90 to 22.92. Shares in Athabasca Oil Corp (TSX:ATH) rose to 5-year highs; up 7.42% or 0.42 to 6.08.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 9.69% to 9.60 a new 3-months low.

Gold Futures for August delivery was up 1.49% or 50.62 to $3,453.02 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 8.19% or 5.57 to hit $73.61 a barrel, while the August Brent oil contract rose 7.79% or 5.40 to trade at $74.76 a barrel.

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CAD/USD was unchanged 0.07% to 0.74, while CAD/EUR unchanged 0.43% to 0.64.

The US Dollar Index Futures was up 0.29% at 98.18.

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