P.M. market numbers: December 18, 2009

By Staff | December 18, 2009 | Last updated on December 18, 2009
2 min read
| North American markets | International markets | Bonds | Currency | Commodities |

The Toronto stock market ended Friday in negative territory as weakness in base metals and materials edged out gold and better-than-expected earnings from BlackBerry-maker Research In Motion Ltd.

The S&P/TSX composite index closed 9.66 points lower to 11,463.40 in a volatile trading session that slipped into the red during the final hour on high volume trading.

The Canadian dollar was ahead 0.38 of a cent to 93.81 cents US.

Pulling the index lower was weakness in the base metals sector which fell 1.4% with HudBay Minerals down nearly nine per cent to $12.83.

On the upside, gold stocks were up 0.9% as the February bullion contract closed $4.10 higher at US$1,111.50 an ounce on the New York Mercantile Exchange. Bullion prices have endured volatile session this week as the U.S. dollar fluctuated against other currencies.

The TSX energy sector slipped 0.9% as reports surfaced from the Iraqi government that an oil well had been taken over by a group of armed Iranians. The February crude contract gained 34 cents to close at $74.42, while the less active January contract ended 71 cents higher to $73.36.

RIM, a heavyweight on the Toronto Stock Exchange’s main index, was ahead 10% after managing to beat expectations in an earnings report issued after the closing bell Thursday. The company posted a US$628.4-million profit in the third quarter versus $396.3 million a year earlier. Its shares were ahead $6.91 to $73.96.

On Wall Street, The Dow Jones industrials rose 20.63 points to 10,328.89. The Nasdaq composite index was up 31.64 points to 2,211.69, while the S&P 500 index increased 6.31 points to 1,102.39.

(The Canadian Press)

North American markets Back to Top
Close Change YTD
Dow Jones 10,328.89 +20.63 or +0.20% +17.69%
S&P 500 1,102.47 +6.39 or +0.58% +22.06%
NASDAQ 2,211.69 +31.64 or +1.45% +40.24%
TSX Composite 11,463.40 -9.66 or -0.08% +27.55%

International markets Back to Top
Close Change YTD
Nikkei 10,142.05 -21.75 or -0.21% +14.48%
Hang Seng 21,175.88 -171.75 or -0.80% +47.18%
SENSEX 16,719.83 -174.42 or -1.03% +73.31%
FTSE 100 5,196.81 -20.80 or -0.40% +17.20%
CAC 40 3,794.44 -36.38 or -0.95% +17.91%
DAX 5,831.21 -13.23 or -0.23% +21.23%

Bonds Back to Top
Bonds $Current $Previous %Yield
Cdn. 10-year bond 102.74 103.03 3.41
Cdn. 30-year bond 116.40 117.30 4.01
U.S. 10-year bond 98.62 99.17 3.47
U.S. 30-year bond 99.56 99.39 4.41

Currency Back to Top
BoC Close Today Previous
Canadian $ 0.9381 0.9421
US $ 1.0660 1.0605

Euro Spot Rate Today Previous
Canadian $ 0.6544 0.6515
Euro 1.5281 1.5350

Commodities Back to Top
Gold AM PM
London Gold Fix ($US) $1,106.50 $1,104.50

Oil Open Change
WTI Crude Future (US) $72.98 +0.33 or +0.45

(12/18/09)

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.