Canada stocks lower at close of trade; S&P/TSX Composite down 0.34%

Canada's stock market closed lower on Tuesday, with the S&P/TSX Composite index falling 0.34%. The decline was driven by losses in the Consumer Discretionary, Consumer Staples and Real Estate sectors. Headwater Exploration Inc led gains, surging 5.92% to a record high of 14.67. Tamarack Valley Energy Ltd and Suncor Energy Inc also performed well, rising 5.24% and 4.61% respectively.

Conversely, Ivanhoe Mines Ltd, Bausch Health Companies Inc and AbraSilver Resource Corp experienced declines, each falling by 4.54%, 4.48% and 4.13% respectively. There were 613 stocks that fell and 354 that rose, with 75 ending unchanged. The S&P/TSX 60 VIX, which gauges implied volatility, rose 1.63% to 14.33. Gold Futures for December delivery slipped 0.39% to $4,334.76 per troy ounce.

Meanwhile, Crude oil for October delivery increased 4.09% to $105.54 per barrel, and the November Brent oil contract rose 2.54% to $108.36 per barrel. The exchange rates CAD/USD and CAD/EUR remained unchanged at 0.72 and 0.62 respectively. The US Dollar Index Futures closed up 0.27% at 99.38.