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TSX Close: TSX Modestly Positive as Health Care Stocks Rise, BlackBerry Tumbles

The Toronto Stock Market held on to modest gains to finish in positive territory, led by health care and consumer stocks. Strength from U.S. earnings also helped to boost the market, despite a late day slump by BlackBerry.

The S&P TSX Composite Index closed up 9 points at 12,757, hitting a day high of 12,818 in the morning session before beginning a slow descent for the rest of the day.

The TSX's health care, consumer staples and industrials sector gained, offset by losses in tech and materials.

Heavily traded BlackBerry (BB.TO) shares fell 8% as the company's Z-10 smartphone made its U.S. debut. Valeant Pharmaceuticals (VRX.TO) added 1%.

Commodities were mixed. May crude climbed $1.26, or 1.4%, to settle at $93.71 a barrel on the New York Mercantile Exchange. Oil fell 0.1% for the week. April gold lost $7.70, or 0.5%, to settle at $1,606.10 an ounce. For the week, gold gained 0.9%.

U.S. stocks rose as Nike and Tiffany reported earnings that beat estimates.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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