Canada's main equity benchmark finished the trading day in negative territory on Tuesday, with the S&P/TSX Composite ending the session down 0.21% in Toronto. Sector weakness in information technology, real estate and mining contributed to the downward pressure on the index.
Among individual stocks, the session's strongest performers included ATS Corporation (TSX:ATS), which climbed 6.72% - a gain of 2.94 points - to close at 46.68. Curaleaf Holdings Inc (TSX:CURA) added 6.29%, or 0.28 points, finishing the day at 4.73, while Ero Copper Corp (TSX:ERO) rose 5.37% - up 1.79 points - to end at 35.14.
On the downside, Shopify Inc (TSX:SHOP) registered the largest decline, falling 15.63% or 27.09 points to settle at 146.28 at the close. Keyera Corp. (TSX:KEY) dropped 7.29%, a decline of 3.86 points, to finish at 49.11, and Gibson Energy Inc. (TSX:GEI) fell 5.86% or 1.77 points to 28.41.
Market breadth on the Toronto Stock Exchange showed more advancers than decliners, with 563 stocks rising versus 383 that fell; 87 issues finished unchanged.
ATS Corporation (TSX:ATS) reached a 52-week high during the session, gaining 6.72% or 2.94 points to 46.68 at the close.
The S&P/TSX 60 VIX, which gauges implied volatility for S&P/TSX Composite options, eased 1.51% to 16.93 as the market closed.
Commodities trading produced mixed outcomes. Gold futures for June delivery were up 0.81%, gaining 36.89 to trade at $4,570.19 a troy ounce. Crude oil for June delivery declined 3.57%, down 3.80 to $102.62 a barrel, while the July Brent contract fell 3.54%, a drop of 4.05, to trade at $110.39 a barrel.
In currency markets, CAD/USD was essentially unchanged, moving 0.01% to 0.73, while CAD/EUR was unchanged by 0.04% to 0.63. The US Dollar Index Futures was up 0.09% at 98.36.
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Summary of session highlights:
- S&P/TSX Composite closed down 0.21%.
- Top gainers included ATS, Curaleaf and Ero Copper.
- Top decliners were Shopify, Keyera and Gibson Energy.