Canada’s main stock index tumbled 1.4 per cent on Monday, its third straight fall and the sharpest selloff in almost three months, with across-the-board declines led by resource and financial stocks.
The best performers of the session on the S&P/TSX Composite were Detour Gold Corporation (TO:DGC), which rose 6.51% or 0.90 points to trade at 14.72 at the close. Meanwhile, Primero Mining Corp (TO:P) added 5.07% or 0.250 points to end at 5.180 and IAMGold Corporation (TO:IMG) was up 4.69% or 0.12 points to 2.68 in late trade.
The worst performers of the session were Canexus Corporation (TO:CUS), which fell 7.41% or 0.12 points to trade at 1.50 at the close. Enbridge Income Fund Holdings Inc. (TO:ENF) declined 5.54% or 2.07 points to end at 35.28 and Sierra Wireless Inc. (TO:SW) was down 4.94% or 1.76 points to 33.87.
Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 885 to 501 and 196 ended unchanged.
The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 12.54% to 15.79.
Gold for August delivery was up 0.43% or 5.00 to $1173.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.30% or 0.77 to hit $58.36 a barrel, while the July Brent oil contract fell 0.73% or 0.47 to trade at $62.84 a barrel.
CAD/USD was up 0.30% to 0.8066, while CAD/EUR fell 1.23% to 0.7145.
The US Dollar Index was down 1.21% at 95.22.