Canadian equities ended the session in negative territory on Tuesday, with losses concentrated in the Information Technology, Consumer Discretionary and Real Estate sectors weighing on the S&P/TSX Composite.
At the close in Toronto the S&P/TSX Composite fell 1.07%.
Top performers
- Ivanhoe Mines Ltd. (TSX: IVN) was the session's leading gainer, up 12.82% - a rise of 1.51 points - to finish at 13.29.
- Ngex Minerals Ltd. (TSX: NGEX) advanced 10.33%, adding 2.62 points to close at 27.99.
- Ero Copper Corp (TSX: ERO) rose 8.46%, gaining 4.08 points to end the day at 52.32.
Largest decliners
- Shopify Inc (TSX: SHOP) led losses, down 7.84% or 15.73 points to close at 185.03.
- Thomson Reuters Corp (TSX: TRI) dropped 6.84%, a decline of 10.00 points, finishing at 136.24.
- BRP Inc (TSX: DOO) fell 6.47%, or 6.02 points, to settle at 87.04.
Market breadth in Toronto showed more losers than winners: 583 stocks fell while 378 advanced and 70 were unchanged.
The S&P/TSX 60 VIX, an index that measures implied volatility in S&P/TSX Composite options, rose 7.28% to 14.30.
Commodities and energy
Gold futures for December delivery were reported down 1.65% - a move of 74.04 - to $4,402.56 a troy ounce. In oil markets, crude for October delivery climbed 2.96% or 2.71 to reach $94.19 a barrel, while the November Brent contract gained 2.34% or 2.27 to trade at $99.27 a barrel.
Currencies and broader indicators
The Canadian dollar was reported unchanged versus the US dollar, at 0.73, a movement listed as 0.22%. The CAD/EUR rate was likewise shown unchanged, at 0.62, with a listed move of 0.23%.
The report contains two related references to the US dollar index. One portion of the record includes shorthand notations such as DX-0.31%, while a separate line states that the US Dollar Index Futures was down 0.29% at 98.86.
Overall, the session combined notable strength in select mining stocks with broader weakness in technology, consumer discretionary and real estate names, and increased implied volatility as measured by the S&P/TSX 60 VIX.