AM market numbers: December 14, 2009

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

The Toronto stock market appeared set for a higher open Monday as international markets moved higher after Abu Dhabi provided a surprise $10-billion bailout to Dubai to help with debt repayments.

The move helped ease investor fears that the emirate will default on its debt and signal a new round of broader credit problems. Dubai World was up against a Monday deadline to repay the loans.

The S&P/TSX composite index ended Friday 41 points lower to 11,423.93.

Meanwhile, the Canadian dollar moved back 0.45 of a cent to 93.90 cents US.

In the U.S., Citigroup Inc. said it will pay back $20 billion in bailout money it received as part of the government’s Troubled Asset Relief Program.

The New York-based bank was hardest hit by the credit crisis and rising loan defaults, receiving a total of $45 billion in government support. It only needs to pay back $20 billion because the remaining $25 billion was converted into a 34% ownership stake in the bank earlier this year.

Last week, Bank of America Corp. repaid the entire $45 billion it owed U.S. taxpayers as part of TARP.

Ahead of the opening bell, Dow Jones industrial average futures rose 46, or 0.4%, to 10,530. Standard&Poor’s 500 index futures rose 5.00, or 0.5%, to 1,108.20, while Nasdaq 100 index futures rose 8.50, or 0.5%, to 1,800.50.

In Canadian corporate news, TMX Group announced it will distribute trading data across U.S. and Europe on NYSE network under new data technology and distribution agreement.

Kirkland Lake Gold Inc. said a borehole collapse widened net losses to $10.3 million for the quarter ended Oct. 31, and weakened revenues to $6.9 million, from $8.8 million last year.

On Monday, U.S. financial stocks are likely to be under pressure despite the move by Citigroup, as President Obama meets with top executives of some of the nation’s biggest lenders.

Obama is asking bank executives to support his efforts to tighten the financial industry, but the meeting was shaping up to be a tense encounter after Obama’s description of bankers as "fat cats" in a "60 Minutes" interview broadcast Sunday.

(The Canadian Press)

North American markets (previous close)

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	Open	Change	YTD
Dow Jones	10,471.50	+65.67 or +0.63%	+19.31%
S&P 500	1,106.41	+4.06 or +0.37%	+22.49%
NASDAQ	2,190.31	-0.55 or -0.03%	+38.89%
TSX Composite	11,423.93	-40.64 or -0.35%	+27.11%

International markets

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	Open	Change	YTD
Nikkei	10,105.68	-2.19 or -0.02%	+14.07%
Hang Seng	22,085.75	+183.64 or +0.84%	+53.51%
SENSEX	17,097.55	-21.48 or -0.13%	+77.23%
FTSE 100	5,309.11	+47.54 or +0.90%	+19.73%
CAC 40	3,825.67	+21.95 or +0.58%	+18.88%
DAX	5,809.07	+52.78 or +0.92%	+20.77%

Bonds

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Bonds	$Current	$Previous	%Yield
Cdn. 10-year bond	103.04	103.28	3.37
Cdn. 30-year bond	116.80	116.90	3.99
U.S. 10-year bond	98.77	98.94	3.52
U.S. 30-year bond	98.25	97.94	4.48

Currency

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BoC Close	Today	Previous
Canadian $	0.9388	0.9522
US $	1.0652	1.0502

Euro Spot Rate	Today	Previous
Canadian $	0.6421	0.6456
Euro	1.5573	1.5489

Commodities

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Gold	AM	PM
London Gold Fix ($US)	$1,120.00	$1,124.00

Oil	Open	Change
WTI Crude Future (US)	$68.94	-$0.93 or -1.33%

(12/14/09)