Canadian stock market falling for fourth straight day

Source: Xinhua| 2018-05-26 05:59:16|Editor: huaxia
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TORONTO, May 25 (Xinhua) -- Canada's main stock market continued to fall Friday, its fourth straight decline, as the falling price for oil further dragged down the energy sector.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index declined 37.95 points, or 0.24 percent, to close the day at 16,075.67 points.

A total of 118 issues advanced and 126 declined. There were 17 new highs and 1 new lows, with total volume of 181.3 million shares.

The Canadian dollar came down 0.77.08 U.S. dollar.

The energy group fell 5.51 points, or 2.70 percent, while the financials group edged down 0.08 points, or 0.03 percent.

Lagging shares were MEG Energy Corp, down 6.5 percent, Precision Drilling Corp, down 5.1 percent, and Baytex Energy Corp, lower by 5 percent.

CAE Inc jumped 5.2 percent and Hudson's Bay Co, rose 2.8 percent while North West Company Inc climbed 2.5 percent.

The most heavily traded shares by volume were Baytex Energy Corp.,Canopy Growth Corp. and Crescent Point Energy Corp. Enditem