Friday saw a steady end to the week for the Toronto Stock Exchange with the main index losing ground with a decline for oil and gold mining stocks but gaining with West Fraser Timber posting better than expected quarterly results and with Wall Street sentiment running high after positive earnings. In Asia markets closed mixed with Australia the star performer while Shanghai and Tokyo declined from multiyear highs partly on profit taking. European markets closed higher following positive corporate results, higher German business sentiment and Greece’s main index climbing 3 per cent despite little progress being made in its meeting with fellow European finance ministers.
The S&P/TSX Composite Index closed up 15.98 (0.10 per cent)
The NYSE closed higher
Oil is trending mixed (Brent higher at $65.28, WTI lower at $57.16 at 4.30pm)
Gold is trending lower
The loonie is valued at U$0.8216 (at 4.30pm)