P.M. market numbers: October 15, 2009

By Staff | October 15, 2009 | Last updated on October 15, 2009
2 min read
| North American markets | International markets | Bonds | Currency | Commodities |

The Toronto stock market drifted to a lower finish Thursday even as oil hit a one-year high amid disappointment with earnings reports from two U.S. banking giants.

The S&P/TSX composite index declined 28.27 points to 11,504.51.The loonie fell 0.81 of a cent to 96.67 cents U.S. after a weak U.S. dollar sent the loonie up a full cent on Wednesday.

The energy sector in Toronto ticked 0.43% higher as the November crude contract on the New York Mercantile Exchange rose $2.40 to US$77.58 a barrel.

Oil prices took off after the U.S. Department of Energy reported that crude inventories rose by 400,000 barrels last week but gasoline levels dropped by 5.2 million barrels at a time when most energy experts expected supplies to grow yet again.

However the gold sector fell 1.68% as the December bullion contract on the Nymex eased $14.10 to US$1,050.60.

In New York, Goldman Sachs reported a third-quarter profit of US$3.19 billion, or US$5.25 per share, beating analyst estimates.

However, investors were disappointed as revenue from the investment bank’s mergers and acquisitions operations dipped sharply from the previous quarter, reflecting the general slowness in takeover activity, and its shares lost $3.65 to US$188.63.

The Dow Jones industrials gained 47.08 points to 10,062.94. The Nasdaq composite index added 1.06 points to 2,173.29, while the S&P 500 index moved ahead 4.54 points to 1,096.56.

On the economic front, Statistics Canada reported that declines in the aerospace and vehicle manufacturing segments were largely responsible for a 2.1% drop in manufacturing sales in August. The dip followed a 5.2% gain in July.

(THE CANADIAN PRESS)

North American markets Back to Top
Close Change YTD
Dow Jones 10,062.94 +47.08 or +0.47% +14.66%
S&P 500 1,096.56 +4.54 or +0.42% +21.40%
NASDAQ 2,173.29 +1.06 or +0.05% +37.81%
TSX Composite 11,504.51 -28.27 or -0.25% +28.00%

International markets Back to Top
Close Change YTD
Nikkei 10,238.65 +178.44 or +1.77% +15.57%
Hang Seng 21,999.08 +112.60 or +0.51% +52.90%
SENSEX 17,195.20 -35.91 or -0.21% +78.24%
FTSE 100 5,222.95 -33.15 or -0.63% +17.79%
CAC 40 3,883.83 +1.16 or +0.03% +20.69%
DAX 5,830.77 -23.37 or -0.40% +21.22%

Bonds Back to Top
Bonds $Current $Previous %Yield
Cdn. 10-year bond 101.66 101.83 3.54
Cdn. 30-year bond 116.75 117.00 3.99
U.S. 10-year bond 101.39 101.72 3.46
U.S. 30-year bond 103.37 103.87 4.30

Currency Back to Top
BoC Close Today Previous
Canadian $ 0.9747 0.9747
US $ 1.0345 1.0259

Euro Spot Rate Today Previous
Canadian $ 0.6534 0.6534
Euro 1.5452 1.5305

Commodities Back to Top
Gold AM PM
London Gold Fix ($US) $1052.50 $1053.50

Oil Close Change
WTI Crude Future (US) $77.51 +$2.33 or +3.10%

(10/15/09)

Advisor.ca staff

Staff

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