Canada stocks lower at close of trade; S&P/TSX Composite down 0.78%

Canada's stock market closed lower on Monday, with the S&P/TSX Composite index slipping 0.78%. The Materials, Real Estate, and IT sectors experienced losses, pulling shares down. Among the best performers of the session were NFI Group Inc (+3.10% to $23.25) and Vermilion Energy Inc (+2.36% to $17.77), while Parex Resources Inc (+2.30% to $28.52) also saw gains.

However, Bombardier Inc (-5.97% to $299.84), Ero Copper Corp (-4.48% to $51.57), and Lundin Mining Corporation (-4.45% to $37.11) were among the worst performers. Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 519 to 478. The S&P/TSX 60 VIX, measuring implied volatility of S&P/TSX Composite options, rose 2.79% to 13.61.

Commodity prices also saw fluctuations, with Gold Futures for December delivery down 0.73% to $4,496.64 an ounce and Crude oil for October delivery up 3.51% to $86.33 a barrel. CAD/USD remained unchanged at 0.72, and CAD/EUR at 0.62. The US Dollar Index Futures declined by 0.27% to 99.39.