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

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

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

The best performers 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. Meanwhile, 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.

The worst performers of the session were Veren Inc (TSX:VRN ), which fell 14.44% or 1.21 points to trade at 7.17 at the close. Open Text Corp (TSX:OTEX ) declined 11.13% or 5.23 points to end at 41.76 and Badger Infrastructure Solutions Ltd (TSX:BDGI ) was down 10.52% or 4.26 points to 36.22.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 696 to 246 and 86 ended unchanged.

Shares in Veren Inc (TSX:VRN ) fell to 52-week lows; losing 14.44% or 1.21 to 7.17. Shares in Capital Power Corporation (TSX:CPX ) rose to all time highs; rising 4.00% or 2.17 to 56.47.

The S&P/TSX 60 VIX , which measures the implied volatility of S&P/TSX Composite options, was up 3.40% to 11.87.

Gold Futures for December delivery was down 1.54% or 43.20 to $2,757.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.75% or 1.89 to hit $70.50 a barrel, while the January Brent oil contract rose 2.62% or 1.89 to trade at $74.05 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.

Source: Investing.com