Canadian stock market ends negative Monday

0 Comment(s)Print E-mail Xinhua, December 11, 2018
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OTTAWA, Dec. 10 (Xinhua) -- Canadian main stock market fell Monday as energy and consumer discretionary stocks weighing things down.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index fell 66.85 points, or 0.45 percent, to close the day at 14,728.28 points.

The Canadian dollar traded at an average of 0.74.74 U.S. dollar compared with an average of 0.75.19 U.S. dollar last Friday.

On the market, 61 issues rose and 181 fell. There were 7 new highs and 52 new lows, with total volume of 274.1 million shares.

The energy group fell 2.10 points, or 1.42 percent while the financials sector slipped 0.86 points, or 0.31 percent.

Among energy stocks, notably Trican Well Service fell 9.5 cents, or 7.3 percent, to 1.20 Canadian dollars while Imperial Oil dropped 99 cents, or 2.6 percent, to 36.47 Canadian dollars.

In the consumer discretionary group, Canadian Tire lost 1.05 dollars to 143.85 Canadian dollars while Magna International decreased 1.01 dollars, or 1.7 percent, to 59.53 Canadian dollars

In the communications sector, Rogers Communications declined 65 cents to 70.57 Canadian dollars while Shaw Communications dropped 34 cents, or 1.4 percent, to 24.91 Canadian dollars.

Among tech issues, Shopify jumped 3.5 percent, to 201.95 Canadian dollars while Constellation Software climbed 1.5 percent to 914.38 Canadian dollars.

In the gold group, Barrick Gold rose 31 cents, 1.7 percent, to 18.53 Canadian dollars while Kinross Gold added six cents, or 1.6 percent, to 3.84 Canadian dollars. Enditem

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