Market Numbers: July 17, 2009

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

The Toronto stock market closed higher for a fifth session in a row, wrapping up a week of strong gains sparked by good earnings news that gave fresh life to the spring rally.

The main S&P/TSX composite index advanced 65 points to 10,369.42, led by sharp gains in energy and mining stocks. The TSX surged 622 points or 6.38% this week as a series of better than expected earnings reports from the likes of financial giant Goldman Sachs and chip maker Intel Corp. raised hopes for an economic recovery.

Companies have largely beat earnings expectations but analysts are worried about growth in revenue, noting that much has occurred through cost-cutting.

This week’s advance more than wiped out last week’s 5.2% decline, when investors were feeling the spring rally had run out of momentum on pessimism about a turnaround.

It leaves the TSX up 37% from the lows of March 9.

Meanwhile, the Canadian dollar was up 0.09 of a cent to 89.6 cents US as Statistics Canada reported that consumer prices fell by 0.3% in June from a year ago, the biggest drop since 1955. The decline was largely due to a huge retreat in gasoline prices. Prices rose 0.3% in June – largely because of a rise in gasoline prices from May to last month.

There was glum news from a widely watched gauge of future economic activity.

Statistics Canada said its leading indicator fell by 0.1% in June, as housing and the stock market posted gains but all manufacturing sectors were down.

The agency said there was one positive sign for exports, an increase in the leading indicator for the United States, its first advance since the credit crisis began in August 2007.

New York markets were higher at the end of a strong week with the Dow Jones industrials ahead 32.12 points to 8,743.94. The Dow gained 597 points or 7.3% this week.

The Nasdaq composite index was up 1.58 points to 1,886.61 and the S&P 500 down 0.36 of a point to 940.38.

The August bullion contract on the Nymex gained $2.10 to US$937.50 an ounce, sending the gold sector up one per cent.

(THE CANADIAN PRESS)

North American markets

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	Close	Change	YTD
Dow Jones	8,743.94	+32.12 or +0.37%	-0.37%
S&P 500	940.38	-0.36 or -0.04%	+4.11%
NASDAQ	1,886.61	+1.58 or +0.08%	+19.63%
TSX Composite	10,369.42	+65.00 or +0.63%	+15.37%

International markets

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	Close	Change	YTD
Nikkei	9,395.32	+51.16 or +0.55%	+6.05%
Hang Seng	18,805.66	+494.67 or +3.47%	+30.71%
SENSEX	14,744.92	-2.99 or -0.02%	+52.84%
FTSE 100	4,388.75	+26.91 or +0.62%	-1.02%
CAC 40	3,218.46	+18.78 or +0.59%	+0.02%
DAX	4,978.40	+21.21 or +0.43%	+3.50%

Bonds

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Bonds	$Current	$Previous	%Yield
Cdn. 10-year bond	102.21	102.81	3.48
Cdn. 30-year bond	116.54	117.64	4.01
U.S. 10-year bond	95.69	96.37	3.65
U.S. 30-year bond	95.22	96.87	4.54

Currency

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BoC Close	Today	Previous
Canadian $	0.8960	0.8951
US $	1.1161	1.1172

Euro Spot Rate	Today	Previous
Canadian $	0.6354	0.6329
Euro	1.5737	1.5799

Commodities

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Gold	AM	PM
London Gold Fix ($US)	$934.50	$937.50

Oil	Close	Change
WTI Crude Future (US)	$63.34	+$1.32 or +2.13%

(07/17/09)