Canada shares lower at close of trade; S&P/TSX Composite down 2.31%

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Canada shares lower at close of trade; S&P/TSX Composite down 2.31% – Canada equities were lower at the close on Thursday, as losses in the IT , Healthcare and Consumer Discretionary sectors propelled shares lower.

At the close in Toronto, the S&P/TSX Composite lost 2.31%.

The biggest gainers of the session on the S&P/TSX Composite were Sleep Country Canada Holdings Inc (TSX: ZZZ ), which rose 8.49% or 2.13 points to trade at 27.22 at the close. Fortis Inc (TSX: FTS ) added 1.07% or 0.65 points to end at 61.66 and Canadian Utilities Limited (TSX: CU ) was up 0.92% or 0.35 points to 38.55 in late trade.

Biggest losers included Shopify Inc (TSX: SHOP ), which lost 14.34% or 88.67 points to trade at 529.63 in late trade. SNC-Lavalin Group Inc . (TSX: SNC ) declined 13.32% or 3.84 points to end at 24.99 and Dye & Durham Ltd (TSX: DND ) shed 10.33% or 2.13 points to 18.48.

Declining stocks outnumbered rising ones by 924 to 153 and 74 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 10.00% to 25.75 a new 1-month high.

In commodities trading, Gold Futures for June delivery was up 0.57% or 10.59 to $1,879.39 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.54% or 0.58 to hit $108.39 a barrel, while the July Brent oil contract rose 0.76% or 0.84 to trade at $110.98 a barrel.

CAD/USD was down 0.77% to 0.78, while CAD/EUR unchanged 0.01% to 0.74.

The US Dollar Index Futures was up 0.93% at 103.55.

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