P.M. market numbers: Sept 18, 2009

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

Sliding gold and energy stocks led the way to a sharp loss on the Toronto stock market Friday, but the main index racked up gains for the week as investors grew more confident about an economic recovery.

The S&P/TSX composite index fell 82.28 points to 11,445.95 gaining 192.72 points or 1.71% this week, led by rising energy and financial stocks.

A pickup in U.S. dollar strength sent the Canadian dollar down 0.26 of a cent to 93.48 cents U.S.

The gold sector led decliners, down 1.67% as the December bullion contract on the New York Mercantile Exchange drifted $3.20 lower to US$1,010.30 an ounce.

The energy sector was off 1.45% as the October crude contract on the New York Mercantile Exchange slid 43 cents to US$72.04 a barrel. Crude was up almost US$3 on the week, on hopes that the United States, the biggest oil consumer, is on the road to recovery. Still, the recession has sapped American fuel consumption, and U.S. oil stockpiles are 14% larger than last year.

In economic news, Statistics Canada reported wholesale sales increased 2.8% in July, mainly as a result of higher sales in the auto sector.

New York indexes added to a series of sharp gains, as the Dow Jones industrials climbed 36.28 points to 9,820.2 for a gain of 214.79 points or 2.23% this past week.

The Nasdaq composite index was up 6.11 points to 2,132.86 while the S&P 500 index gained 2.81 points to 1,068.34.

Adjusted results, however, handily beat Wall Street’s forecast as the company shipped more of its new Pre devices than had been expected. But investors were disappointed with its second-quarter sales forecast and news of a planned stock offering and its shares slipped 43 cents to US$14.01.

(THE CANADIAN PRESS)

North American markets Back to Top
Close Change YTD
Dow Jones 9,820.20 +36.28 or +0.37% +11.89%
S&P 500 1,068.30 +2.81 or +0.26% +18.27%
NASDAQ 2,132.86 +6.11 or +0.29% +35.25%
TSX Composite 11,445.95 -82.28 or -0.71% +27.35%

International markets Back to Top
Close Change YTD
Nikkei 10,370.54 -73.26 or -0.70% +17.05%
Hang Seng 21,623.45 -145.06 or -0.67% +50.29%
SENSEX 16,741.30 +30.19 or +0.18% +73.53%
FTSE 100 5,172.89 +8.94 or +0.17% +16.66%
CAC 40 3,827.84 -7.43 or -0.19% +18.95%
DAX 5,703.83 -27.31 or -0.48% +18.58%

Bonds Back to Top
Bonds $Current $Previous %Yield
Cdn. 10-year bond 102.94 103.28 3.39
Cdn. 30-year bond 118.39 119.12 3.91
U.S. 10-year bond 101.30 101.01 3.47
U.S. 30-year bond 104.69 105.69 4.22

Currency Back to Top
BoC Close Today Previous
Canadian $ 0.9348 0.9374
US $ 1.0697 1.0668

Euro Spot Rate Today Previous
Canadian $ 0.6358 0.6363
Euro 1.5727 1.5715

Commodities Back to Top
Gold AM PM
London Gold Fix ($US) $1014.00 $1012.00

Oil Close Change
WTI Crude Future (US) $71.74 -$0.73 or +1.01%

(09/18/09)

Advisor.ca staff

Staff

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