TSX tails off at close

Jul 13, 2018 (Baystreet.ca via COMTEX) —

Equities in Canada’s main index finished slightly in the red on Friday, as losses in the health-care field toppled gains in energy.

The S&P/TSX Composite Index eased back 6.3 points from Thursday’s all-time high to finish Friday and the week at 16,561.12

The Canadian dollar was up 0.06 at 76 cents U.S.

In the health-care sector, Valeant Pharmaceuticals shed $1.01, or 3.2%, to $30.85, while Aphria dropped 15 cents, or 1.3%, to $11.83.

In gold, OceanaGold Corp fell nine cents, or 2.3%, to $3.77, among the top percentage losers on a rating cut by National Bank of Canada. Kinross Gold lost eight cents, or 1.6%, to $4.93.

In the real-estate sector, Brookfield Asset Management stepped down 60 cents, or 1.1%, to $54.88, while Canadian Apartment Properties REIT lost 22 cents to $43.64.

Birchcliff Energy propelled itself upwards 15 cents, or 3%, to $5.14, while Suncor Energy climbed 60 cents, or 1.1%, to $55.12

Among consumer staples, Metro grabbed hold of 19 cents to $44.96

In the industrial sector, Bombardier moved a penny higher to $5.41, while Canadian Pacific Railway gained $1.92 to $246.67.

ON BAYSTREET

The TSX Venture Exchange lost 3.73 points to 725.24.

Eight of the 12 TSX subgroups were lower on the day, as health-care dropped 2%, gold dulled in price 0.9%, and real-estate softened 0.4%.

The four gainers were led by energy, adding 0.8%, consumer staples, up 0.3%, and industrials, growing 0.2%.

ON WALLSTREET

The S&P 500 posted on Friday its best closing level since early February as shares from some of the largest tech companies hit record highs.

The Dow Jones Industrials gained 94.52 points to finish Friday at 25,019.41, with United Technologies and Walgreens Boots Alliance outperforming. The Dow also closed above 25,000 for the first time since

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