Canadian equities ended the week lower on Friday, with the S&P/TSX Composite Index declining 0.76% to close in Toronto. Losses were broad-based, concentrated in Diversified Materials, Clean Technology and Information Technology sectors.
The S&P/TSX 60 VIX, a measure of implied volatility for the index, rose 0.91% to 13.24, reflecting modestly elevated market uncertainty. Declining issues outnumbered advancers by a margin of 587 to 374 on the Toronto Stock Exchange, with 67 stocks unchanged.
Among top gainers, GFL Environmental Inc. led with a 4.64% advance to C$59.54, followed by Secure Waste Infrastructure Corp at C$24.86 after a 3.67% gain that marked a five-year high. Curaleaf Holdings Inc. also rose 3.54% to C$13.45.
The heaviest losses were seen in uranium and energy names. Denison Mines Corp fell 7.10% to C$4.71, NexGen Energy Ltd. dropped 6.96% to C$14.44, and Energy Fuels Inc. declined 6.51% to C$20.38.
Commodities retreated as gold futures for December delivery fell 3.38% to $4,506.50 per troy ounce. Crude oil prices were mixed, with October WTI futures down 0.13% at $83.42 per barrel and November Brent futures down 0.32% at $88.24 per barrel.
The Canadian dollar traded flat against the U.S. dollar at 0.72, while the U.S. Dollar Index futures fell 0.54% to 99.63.
