Canada shares lower at close of trade; S&P/TSX Composite down 2.29%

Investing.com – Canada equities were lower at the close on Friday, as losses in the , and sectors propelled shares lower.

At the close in Toronto, the declined 2.29% to hit a new 1-month low.

The biggest gainers of the session on the were LifeWorks Inc (TSX:), which rose 1.36% or 0.37 points to trade at 27.55 at the close. Primo Water Corp (TSX:) added 1.27% or 0.27 points to end at 21.52 and Bausch Health Companies Inc (TSX:) was up 1.22% or 0.38 points to 31.56 in late trade.

Biggest losers included Shopify Inc (TSX:), which lost 13.60% or 174.41 points to trade at 1107.78 in late trade. Hut 8 Mining Corp (TSX:) declined 12.98% or 1.010 points to end at 6.770 and Turquoise Hill Resources Ltd. (TSX:) shed 8.64% or 1.84 points to 19.45.

Declining stocks outnumbered rising ones by 929 to 156 and 73 ended unchanged on the Toronto Stock Exchange.

The , which measures the implied volatility of S&P/TSX Composite options, was up 20.82% to 23.21 a new 3-year high.

In commodities trading, Gold Futures for February delivery was down 0.69% or 12.80 to $1829.80 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.20% or 1.03 to hit $84.52 a barrel, while the March Brent oil contract fell 1.13% or 1.00 to trade at $87.38 a barrel.

CAD/USD was down 0.53% to 0.7954, while CAD/EUR fell 0.78% to 0.7012.

The US Dollar Index Futures was down 0.10% at 95.630.