Canadian stock market closed lower; S&P/TSX Composite fell 0.08%

05.02.2016

Canadian stock market closed Friday trading with a drop amid negative dynamics from the IT, the secondary products and services and industry sectors.

At the time of closure on the Toronto Stock Exchange, S&P/TSX Composite fell 0.08%.

The leaders of growth among S&P/TSX Composite index were the shares of Kinross Gold Corp (TO: K), which went up by 0.40 p (14.23%), closing at 3.21. The quotes of Silver Standard Resources Inc (TO: SSO) rose 0.78 p. (11.61%), ending trading at 7.50. Shares of Pan American Silver Corp (TO: PAA) rose 1.16 p. (10.97%), closing at 11.73.

Leaders of falling were shares of Sierra Wireless (TO: SW), the price of which has fallen by 4.94 p. (24.50%), ending the session at around 15.22. The shares of Kinaxis Inc (TO: KXS) rose 5.73 p. (13.12%) to close at 37.92, and Primero Mining Corp (TO: P) decreased in price by 0.330 p. (12.79%) and finished trading at around 2.250.

On the Toronto Stock Exchange, the number of cheapened securities (594) exceeded the number closed higher (588), and the quotes of 326 shares remained virtually unchanged.

The stock prices of Sierra Wireless (TO: SW) fell to a 52-week low, down 24.50%, and finished trading at around 15.22. Share prices of Primero Mining Corp (TO: P) fell to its lowest level, down to 12.79%, to 2.250.

The Volatility Index –S&P/TSX 60 VIX, which is based on options trading indicators on the S&P/TSX Composite, fell 2.82% to reach 25.13.

Gold futures for April delivery added 1.42%, or 16.40, reaching $ 1173.90 per ounce. As for other commodities, the price of oil WTI for March delivery fell 2.25%, or 0.72, to $ 31.01 for a barrel. Brent crude oil futures for April delivery fell 1.00%, or 0.35, to $ 34.12 for a barrel.

Meanwhile, in the Forex market CAD/USD fell 1.00% to 0.7196, and CAD/EUR fell 0.62%, reaching 0.6447.

USD Index rose 0.45% to 96.95.

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