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CANADA STOCKS - TSX falls 0.24 percent as oil selloff weighs on energy

CommoditiesMay 25, 2018 16:20
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© Reuters. CANADA STOCKS - TSX falls 0.24 percent as oil selloff weighs on energy

NEW YORK, May 25 (Reuters) -

* The Toronto Stock Exchange's S&P/TSX .GSPTSE fell 37.95 points, or 0.24 percent, to 16,075.67, its fourth straight decline, as a drop in oil prices weighed on the energy sector.

* The biggest contributor to the TSX loss was Suncor Energy SU.TO with 15.95 net index points. Energy was the biggest sector drag with 140.09 net points. The index lost 0.5 percent on the week.

* Leading the index were CAE Inc CAE.TO , up 5.2 percent, Hudson's Bay Co HBC.TO , up 2.8 percent, and North West Company Inc NWC.TO , higher by 2.5 percent.

* Lagging shares were MEG Energy Corp MEG.TO , down 6.5 percent, Precision Drilling Corp PD.TO , down 5.1 percent, and Baytex Energy Corp BTE.TO , lower by 5.0 percent.

* On the TSX 118 issues advanced and 126 declined as a 0.9-to-1 ratio favored decliners. There were 17 new highs and 1 new lows, with total volume of 181.3 million shares.

* The most heavily traded shares by volume were Baytex Energy Corp BTE.TO , Canopy Growth Corp WEED.TO and Crescent Point Energy Corp CPG.TO .

* The TSX's energy group .SPTTEN fell 5.51 points, or 2.70 percent, while the financials sector .SPTTFS slipped 0.08 points, or 0.03 percent.

* West Texas Intermediate crude futures CLc1 fell 4.44 percent, or $3.14, to $67.57 a barrel. Brent crude LCOc1 fell 3.29 percent, or $2.59, to $76.2 O/R

* The TSX is off 0.8 percent for the year.

CANADA STOCKS - TSX falls 0.24 percent as oil selloff weighs on energy
 

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