Home Breadcrumb caret Investments Breadcrumb caret Market Insights P.M. market numbers: November 27, 2009 The Toronto stock market closed slightly higher as investors tried to take the Dubai credit crisis in stride, hoping that it won’t stall a global economic recovery. The S&P/TSX composite index closed 27.61 points higher at 11,464.41. The TSX had tumbled 200 points Thursday in the wake of an announcement that Dubai World, a government […] By Staff | November 27, 2009 | Last updated on November 27, 2009 2 min read | North American markets | International markets | Bonds | Currency | Commodities | The Toronto stock market closed slightly higher as investors tried to take the Dubai credit crisis in stride, hoping that it won’t stall a global economic recovery. The S&P/TSX composite index closed 27.61 points higher at 11,464.41. The TSX had tumbled 200 points Thursday in the wake of an announcement that Dubai World, a government investment company, had asked creditors to postpone its forthcoming payments on US$60 billion in debt until May. The Dubai announcement Wednesday stoked fears of a potential default and contagion around the global financial system, particularly in emerging markets. The Canadian dollar was down 0.09 of a cent to 94.21 cents US as the Dubai issue sent commodity prices lower. Oil fell $1.91 to US$76.05 a barrel, while December bullion declined $12.80 to US$1,174.20 an ounce. New York markets closed sharply lower, catching up with the losses racked up by other global markets during the American Thanksgiving holiday. The Dow Jones industrial averaged closed down 154.48 points at 10,309.92 at the end of a shortened session, the Nasdaq fell 37.61 points to 2,138.44 and the S&P 500 index moved back 19.14 points to 1,091.49. (The Canadian Press) North American markets Back to Top Dow Jones 10,309.92 -154.48 or -1.48% +17.47% S&P 500 1,087.05 -23.58 or -2.12% +20.35% NASDAQ 2,138.44 -37.61 or -1.73% +35.60% TSX Composite 11,464.41 +27.61 or +0.24% +27.56% International markets Back to Top Open Change YTD Nikkei 9,081.52 -301.72 or -3.22% +2.51% Hang Seng 21,134.50 -1,075.91 or -4.84% +46.90% SENSEX 16,632.01 -222.92 or -1.32% +72.40% FTSE 100 5,245.73 +51.60 or +0.99% +18.30% CAC 40 3,721.45 +42.22 or +1.15% +15.65% DAX 5,685.61 +71.44 or +1.27% +18.20% Bonds Back to Top Bonds $Current $Previous %Yield Cdn. 10-year bond 104.38 104.08 3.21 Cdn. 30-year bond 119.82 119.65 3.83 U.S. 10-year bond 101.44 100.25 3.21 U.S. 30-year bond 102.97 102.34 4.20 Currency Back to Top BoC Close Today Previous Canadian $ 0.9421 0.956 US $ 1.0615 1.0455 Euro Spot Rate Today Previous Canadian $ 0.6294 0.6316 Euro 1.5887 1.5833 Commodities Back to Top Gold AM PM London Gold Fix ($US) $1,128.75 $1,104.00 Oil Open Change WTI Crude Future (US) $76.05 -1.91 or -2.45% (11/27/09) Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo