P.M. market numbers: November 11, 2009

By Staff | November 11, 2009 | Last updated on November 11, 2009
2 min read
| North American markets | International markets | Bonds | Currency | Commodities |

The Toronto stock market closed little changed Wednesday as early gains in commodity stocks deteriorated while bullion prices continued to set record highs.

The S&P/TSX closed up 13.01 points at 11,439.75, falling sharply from a 133-point jump in the morning as the U.S. dollar pulled away from a 15-month low, which in turn depressed oil and metal prices.

Analysts said the direction of the U.S. dollar likely will continue to dictate trading.

But investors were encouraged by data showing that the slump in China’s exports eased last month amid rising industrial output and retail sales.

The monthly figures provide the latest evidence that China’s economy will meet or surpass the Beijing government’s goal of 8% economic growth for the full year.

Also, Japanese machinery orders rose by 10.5% in September.

Late Wednesday afternoon, the Canadian dollar was ahead 0.4 of a cent to 95.63 cents in international trading. There was no official close from the Bank of Canada as the central bank and Canadian banks were closed for the Remembrance Day holiday.

The gold sector was up 0.21% as the December contract on the New York Mercantile Exchange closed up $12.10 to US$1,114.60 an ounce.

The energy sector lost early strong gains to move down 0.37% as the December crude contract on the Nymex gained 23 cents to US$79.28 a barrel after earlier crossing the US$80 mark.

New York markets were positive as investors keep rallying around the expectation that interest rates will remain low for some time, but the indexes were also well off early highs.

The Dow Jones industrial average gained 44.29 points to 10,291.26.

The Nasdaq composite index was up 15.82 points to 2,166.9 and the S&P 500 climbed 5.5 points to 1,098.51.

(The Canadian Press)

North American markets Back to Top
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 Back to Top
Open Change YTD
Nikkei 9,871.68 +0.95 or +0.01% +11.42%
Hang Seng 22,627.21 +359.05 or +1.61% +57.27%
SENSEX 16,849.60 +409.04 or +2.49% +74.66%
FTSE 100 5,266.75 +36.20 or +0.69% +18.78%
CAC 40 3,814.39 +28.80 or +0.76% +18.53%
DAX 5,668.35 +55.15 or +0.98% +17.84%

Bonds Back to Top
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 99.09 101.25 3.48
U.S. 30-year bond 101.44 101.47 4.41

Currency Back to Top
BoC Close Today Previous
Canadian $ N/A 0.9523
US $ N/A 1.0501

Euro Spot Rate Today Previous
Canadian $ N/A 0.6506
Euro N/A 1.5370

Commodities Back to Top
Gold AM PM
London Gold Fix ($US) $1,114.75 $1,115.25

Oil Open Change
WTI Crude Future (US) $79.26 +$0.21 or +0.27%

(11/11/09)

Advisor.ca staff

Staff

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