Canada stocks lower at close of trade; S&P/TSX Composite down 1.74%
Canada's stock market closed lower on Friday, with the S&P/TSX Composite index falling 1.74%. The decline was driven by losses in key sectors, including Materials, IT, and Healthcare. Methanex Corporation (TSX:MX) emerged as the top gainers of the day, surging 13.76% to reach a 5-year high of 99.85. Imperial Oil Ltd (TSX:IMO) and TMX Group Limited (TSX:X) also outperformed, rising 5.37% and 5.28% respectively.
However, TFI International Inc (TSX:TFII) suffered the largest loss, falling 17.24% to 130.05. Overall, the number of stocks that fell outnumbered those that rose, with 661 falling stocks to 339 advancing ones, and 53 ending unchanged.
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