Canada shares lower at close of trade; S&P/TSX Composite down 0.73%

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Canada shares lower at close of trade; S&P/TSX Composite down 0.73% – Canada equities were lower at the close on Tuesday, as losses in the Energy , Materials and Industrials sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite declined 0.73% to hit a new 52-week low.

The biggest gainers of the session on the S&P/TSX Composite were Bombardier Inc (TSX: BBDb ), which rose 7.16% or 1.32 points to trade at 19.75 at the close. Canfor Corporation (TSX: CFP ) added 5.18% or 1.25 points to end at 25.40 and Air Canada (TSX: AC ) was up 5.08% or 0.81 points to 16.76 in late trade.

Biggest losers included New Gold Inc (TSX: NGD ), which lost 26.40% or 0.33 points to trade at 0.92 in late trade. Spartan Delta Corp (TSX: SDE ) declined 6.27% or 0.72 points to end at 10.77 and ARC Resources Ltd . (TSX: ARX ) shed 6.21% or 0.94 points to 14.20.

Declining stocks outnumbered rising ones by 690 to 342 and 80 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 up 2.68% to 21.45.

In commodities trading, Gold Futures for August delivery was down 0.49% or 8.50 to $1,723.20 a troy ounce. Meanwhile, Crude oil for delivery in August fell 8.04% or 8.37 to hit $95.72 a barrel, while the September Brent oil contract fell 7.39% or 7.91 to trade at $99.19 a barrel.

CAD/USD was unchanged 0.07% to 0.77, while CAD/EUR unchanged 0.03% to 0.77.

The US Dollar Index Futures was up 0.17% at 108.01.

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