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Canada shares lower at close of trade; S&P/TSX Composite down 0.34%

Published 2022-05-02, 04:25 p/m
© Reuters.  Canada shares lower at close of trade; S&P/TSX Composite down 0.34%
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Investing.com – Canada equities were lower at the close on Monday, as losses in the REITs, Real Estate and Utilities sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.34%.

The biggest gainers of the session on the S&P/TSX Composite were Shopify Inc (TSX:SHOP), which rose 6.14% or 33.73 points to trade at 583.26 at the close. Canopy Growth Corp (TSX:WEED) added 5.26% or 0.39 points to end at 7.80 and Tilray Inc (TSX:TLRY) was up 5.16% or 0.33 points to 6.73 in late trade.

Biggest losers included Sandstorm Gold Ltd . (TSX:SSL), which lost 7.22% or 0.69 points to trade at 8.87 in late trade. Dream Industrial Real Estate Investment Trust (TSX:DIR_u) declined 6.68% or 1.00 points to end at 13.96 and Fairfax Financial Holdings Ltd (TSX:FFH) shed 6.34% or 44.77 points to 661.10.

Declining stocks outnumbered rising ones by 709 to 340 and 77 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 down 7.07% to 20.51.

In commodities trading, Gold Futures for June delivery was down 2.60% or 49.78 to $1,861.92 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.55% or 0.58 to hit $105.27 a barrel, while the July Brent oil contract rose 0.59% or 0.63 to trade at $107.77 a barrel.

CAD/USD was unchanged 0.16% to 0.78, while CAD/EUR unchanged 0.22% to 0.74.

The US Dollar Index Futures was up 0.68% at 103.66.

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