Toronto markets finished Tuesday's trading session with a modest decline as sector weakness pushed the S&P/TSX Composite down 0.30% at the close. Losses in Consumer Staples, Clean Technology and Industrials led the downward pressure despite notable rallies in a handful of individual stocks.
Top and bottom movers
The session's strongest performers included:
- BlackBerry Ltd (TSX:BB) - up 13.63% or 0.77 points to close at 6.42.
- First Capital Realty Inc. (TSX:FCR_u) - rose 8.01% or 1.75 points to finish at 23.59.
- BRP Inc (TSX:DOO) - increased 7.75% or 5.41 points to end the day at 75.24.
At the other end of the tape, the largest decliners were:
- Air Canada (TSX:AC) - down 3.66% or 0.71 points to 18.68.
- CAE Inc. (TSX:CAE) - fell 3.41% or 1.31 points to close at 37.10.
- IAMGold Corporation (TSX:IMG) - off 3.36% or 0.90 points to 25.89.
Market breadth on the Toronto Stock Exchange showed more advancers than decliners, with 524 stocks rising versus 457 falling and 65 unchanged.
Notable milestones and volatility
Shares of First Capital Realty reached an all-time high in the session, gaining 8.01% (1.75) to close at 23.59. Meanwhile, the S&P/TSX 60 VIX, which tracks implied volatility on S&P/TSX Composite options, climbed 4.72% to 17.10, indicating a rise in expected near-term market volatility.
Commodities and currencies
Commodity markets showed mixed moves. Gold futures for June delivery slipped 0.28% or 13.69 to $4,809.91 a troy ounce. Oil advanced: crude for May delivery rose 2.42% or 2.21 to $93.50 a barrel, and the June Brent contract increased 3.36% or 3.19 to trade at $98.12 a barrel.
In currency markets, CAD/USD was unchanged at 0.73 (0.31%), while CAD/EUR was unchanged at 0.62 (0.47%). The US Dollar Index Futures ticked up 0.18% to 98.03.
This session combined concentrated share gains in a few names with broader sector weakness and a pickup in implied volatility, while commodities diverged between precious metals and energy.