The Toronto stock market ended the Friday trading session in
positive territory thanks to a broad-based rebound rally paced by
energy stocks. Concerns about the future of the Fed's stimulus
program had pushed the TSX lower over the past two trading
The S&P TSX Composite Index closed 61 points higher at
12,701, just off session highs of 12,707.
All of the TSX's sub-sectors finished higher, led by energy,
utilities and materials.
Actively traded stocks included Bombardier (BBD-B.TO, +4%), TORC
Oil and Gas (TOG.TO, -1%) and BlackBerry (BB.TO, -5%).
Commodity prices were mixed. April crude oil tacked on 29 cents,
or 0.3%, to settle at $93.13 a barrel on the New York Mercantile
Exchange. Oil lost 2.9% for the week. April gold settled at
$1,572.80 an ounce, down $5.80 for the session. That was the lowest
settlement for a most-active contract in seven months, MarketWatch
The Canadian dollar was down 0.0027 at 0.9797 US. It earlier hit
an eight-month low of 0.9751.
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.