A.M. market numbers: November 12, 2009

| North American markets | International markets | Bonds | Currency | Commodities |

The Toronto stock market moved lower Thursday as U.S. dollar strength helped depress some commodity prices.

The S&P/TSX composite index declined 62 points to 11,377.7 after drifting 13 points higher on Wednesday.

The Canadian dollar moved up 0.06 of a cent from Tuesday’s close to 95.29 cents US.

The TSX energy sector was down 0.57 per cent as the December crude contract on the New York Mercantile Exchange moved down $1.14 to US$78.14 a barrel amid signs that U.S. crude demand remains weak and as the dollar strengthened.

The American Petroleum Institute said Tuesday that crude supplies rose last week and traders will be closely watching the Energy Information Administration’s inventory report later Thursday.

EnCana Corp. (TSX:ECA) shares moved 52 cents lower to $60.18 as the energy giant reported that its third-quarter net income fell to $25 million or three cents per share, down from $3.5 billion or $4.73 per share in net earnings a year earlier. However, it added that its hedging activities softened the blow from lower commodity prices. Operating earnings, which include realized hedging gains and losses, fell to $775 million or $1.03 per share, down from $1.4 billion or $1.92 per share in operating earnings a year earlier.

The gold sector stepped back 1.28 per cent as gold prices backed off from Wednesday’s latest record close with the December contract in New York down $3.20 to US$1,111.40 an ounce. Goldcorp Inc. (TSX:G) was off 56 cents to $45.74.

December copper slipped one cent to US$2.95 a pound and the base metals sector declined 0.71 per cent. Sherritt International (TSX:S) fell seven cents to $6.90.

The TSX Venture Exchange moved down 3.8 points to 1,094.7.

New York markets were weak as investors also took in data showing that the American job market is slowly improving.

The Dow Jones industrial average dropped 22.8 points to 10,268.5 after rising 44 points.

The Nasdaq composite index was down 3.57 points to 2,163.33 while the S&P 500 index was off 3.8 points to 1,094.7 after the Labour Department said new claims for unemployment insurance fell to a seasonally adjusted 502,000 from an upwardly revised 514,000 the previous week. That’s the fewest claims since the week ending Jan. 3, and below economists’ estimates.

(The Canadian Press)

North American markets

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Dow Jones	10,291.27	+44.29 or +0.43%	+17.26%
S&P 500	1,098.51	+5.50 or +0.50%	+21.62%
NASDAQ	2,166.90	+15.82 or +0.74%	+37.40%
TSX Composite	11,439.75	+13.01 or +0.11%	+27.28%

International markets

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	Open	Change	YTD
Nikkei	9,804.49	-67.19 or -0.68%	+10.67%
Hang Seng	22,397.57	-229.64 or -1.01%	+57.27%
SENSEX	16,696.03	-153.57 or -0.91%	+73.06%
FTSE 100	5,288.39	+21.64 or +0.41%	+19.26%
CAC 40	3,829.27	+14.88 or +0.39%	+19.00%
DAX	5,690.06	+21.71 or +0.38%	+18.29%

Bonds

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Bonds	$Current	$Previous	%Yield
Cdn. 10-year bond	102.13	N/A	3.49
Cdn. 30-year bond	116.55	N/A	4.00
U.S. 10-year bond	99.19	99.09	3.47
U.S. 30-year bond	101.69	101.44	4.40

Currency

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BoC Close	Today	Previous
Canadian $	0.9535	N/A
US $	1.0488	N/A

Euro Spot Rate	Today	Previous
Canadian $	0.6387	N/A
Euro	1.5657	N/A

Commodities

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Gold	AM	PM
London Gold Fix ($US)	$1,116.00	$1,101.50

Oil	Open	Change
WTI Crude Future (US)	$78.34	-$0.94 or -1.19%

(11/12/09)