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Canada stocks lower at close of trade; S&P/TSX Composite down 0.08%

Published 2016-02-05, 04:25 p/m
© Reuters.  Canada stocks lower at close of trade; S&P/TSX Composite down 0.08%

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

At the close in Toronto, the S&P/TSX Composite fell 0.08%.

The best performers of the session on the S&P/TSX Composite were Kinross Gold Corporation (TO:K), which rose 14.23% or 0.40 points to trade at 3.21 at the close. Meanwhile, Silver Standard Resources Inc . (TO:SSO) added 11.61% or 0.78 points to end at 7.50 and Pan American Silver Corp (TO:PAA) was up 10.97% or 1.16 points to 11.73 in late trade.

The worst performers of the session were Sierra Wireless Inc . (TO:SW), which fell 24.50% or 4.94 points to trade at 15.22 at the close. Kinaxis Inc (TO:KXS) declined 13.12% or 5.72 points to end at 37.91 and Primero Mining Corp (TO:P) was down 12.79% or 0.330 points to 2.250.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 594 to 588 and 326 ended unchanged.

Shares in Sierra Wireless Inc. (TO:SW) fell to 52-week lows; down 24.50% or 4.94 to 15.22. Shares in Primero Mining Corp (TO:P) fell to 5-year lows; falling 12.79% or 0.330 to 2.250.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 2.82% to 25.13.

Gold for April delivery was up 1.42% or 16.40 to $1173.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.25% or 0.71 to hit $31.00 a barrel, while the April Brent oil contract fell 1.00% or 0.34 to trade at $34.12 a barrel.

CAD/USD was down 1.00% to 0.7196, while CAD/EUR fell 0.62% to 0.6447.

The US Dollar Index was up 0.45% at 96.94.

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