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Canada shares lower at close of trade; S&P/TSX Composite down 0.55%

Published 2022-05-10, 04:25 p/m
Updated 2022-05-10, 04:25 p/m
© Reuters.  Canada shares lower at close of trade; S&P/TSX Composite down 0.55%

Investing.com – Canada equities were lower at the close on Tuesday, as losses in the Healthcare, REITs and IT sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite declined 0.55% to hit a new 6-month low.

The biggest gainers of the session on the S&P/TSX Composite were Cronos Group Inc (TSX:CRON), which rose 13.15% or 0.48 points to trade at 4.13 at the close. Ritchie Bros. Auctioneers Inc . (TSX:RBA) added 12.22% or 8.10 points to end at 74.41 and Element Fleet Management Corp (TSX:EFN) was up 11.00% or 1.21 points to 12.21 in late trade.

Biggest losers included Bausch Health Companies Inc (TSX:BHC), which lost 27.12% or 4.55 points to trade at 12.23 in late trade. Trisura Group Ltd (TSX:TSU) declined 11.18% or 3.89 points to end at 30.91 and Dye & Durham Ltd (TSX:DND) shed 8.66% or 1.38 points to 14.56.

Declining stocks outnumbered rising ones by 621 to 428 and 86 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 1.44% to 26.66.

In commodities trading, Gold Futures for June delivery was down 1.04% or 19.30 to $1,839.30 a troy ounce. Meanwhile, Crude oil for delivery in June fell 2.92% or 3.01 to hit $100.08 a barrel, while the July Brent oil contract fell 3.03% or 3.21 to trade at $102.73 a barrel.

CAD/USD was unchanged 0.10% to 0.77, while CAD/EUR unchanged 0.16% to 0.73.

The US Dollar Index Futures was up 0.23% at 103.93.

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