P.M. market numbers: October 26, 2009

By Staff | October 26, 2009 | Last updated on October 26, 2009
2 min read
| North American markets | International markets | Bonds | Currency | Commodities |

The Toronto stock market closed sharply lower after the U.S. dollar rebounded against major currencies and sent commodity prices falling.

The S&P/TSX composite index fell 147.25 points to 11,234.88 on top of last week’s loss of just over one per cent.

The Canadian dollar fell 1.35 cents to 93.72 cents US. The currency had also fallen in the last two sessions after Bank of Canada governor Mark Carney reiterated that the currency’s recent sharp rise threatens the economic recovery. And he made it clear that intervention in currency markets to control that surge was a possibility.

The stronger greenback pushed the price of oil down $1.82 to US$78.68 a barrel. Mining stocks fell as copper and gold prices also stepped back.

The financial sector was also a weight in the wake of the U.S. government’s closure of seven regional banks on Friday. And prominent banking analyst Richard Bove downgraded several major American banks.

New York indexes also fell back with the Dow Jones industrial average down 104.22 points to 9,867.96, the Nasdaq composite index moved down 12.62 points to 2,141.85 and the S&P 500 index dipped 12.66 points 1,066.94.

(THE CANADIAN PRESS)

North American markets Back to Top
Close Change YTD
Dow Jones 9,867.96 -104.22 or -1.05% +12.44%
S&P 500 1,066.95 -12.65 or -1.17% +18.12%
NASDAQ 2,141.85 -12.62 or -0.59% +35.82%
TSX Composite 11,234.88 -147.25 or -1.29% +25.00%

International markets Back to Top
Close Change YTD
Nikkei 10,362.62 +79.63% or +0.77% +16.97%
Hang Seng 22,589.73 Closed +57.01%
SENSEX 16,740.50 -70.31% or -0.42% +73.53%
FTSE 100 5,191.74 -50.83 or -0.97% +17.08%
CAC 40 3,744.45 -63.79 or -1.68%

+16.36%

DAX 5,642.16 -98.09 or -1.71% +17.30%

Bonds Back to Top
Bonds $Current $Previous %Yield
Cdn. 10-year bond 101.78 102.13 3.53
Cdn. 30-year bond 116.45 117.38 4.01
U.S. 10-year bond 100.50 101.09 3.56
U.S. 30-year bond 102.06 103.50 4.37

Currency Back to Top
BoC Close Today Previous
Canadian $ 0.9372 0.9501
US $ 1.0670 1.0519

Euro Spot Rate Today Previous
Canadian $ 0.6305 0.6340
Euro 1.5859 1.5774

Commodities Back to Top
Gold AM PM
London Gold Fix ($US) $1055.00 $1054.00

Oil Close Change
WTI Crude Future (US) $78.66 -$1.84 or -2.29%

(10/26/09)

Advisor.ca staff

Staff

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