Wednesday, May 27th26.5°C
26383

TSX not in the black Friday

The Toronto stock market was little changed Friday in what could be a relatively quiet session, with U.S. markets still in Thanksgiving holiday mode and reopening for a shortened session.

The S&P/TSX composite index was off 10.83 points points to 12,142.27 after gaining 53 points Thursday while the TSX Venture Exchange rose 1.98 points to 1,250.34.

Shares in Research In Motion (TSX:RIM) (NASDAQ:RIMM) were down 57 cents or 4.75 per cent to $11.43. RIM stock spiked 17 per cent Thursday after National Bank Financial analyst Kris Thompson increased his price target for the BlackBerry maker to US$15 from US$12. On the Nasdaq, which was closed Thursday for Thanksgiving, the shares surged 12 per cent to US$11.49.

The Canadian dollar was up 0.03 of a cent to 100.31 cents US amid tame inflation data. Statistics Canada reported that the consumer price index was up 1.2 per cent year over year, slightly higher than an expected reading of 1.1 per cent.

U.S. markets were higher on hopes for solid results from "Black Friday," the unofficial start to the holiday retail season.

The Dow Jones industrials gained 55.55 points to 12,892.44, the Nasdaq composite index is 14.41 points higher to 2,940.96 and the S&P 500 index edged up 5.62 points to 1,396.65.

The Canadian Press


Read more Business News

24910


Recent Trending




Today's Market
S&P TSX15110.47+59.66
S&P CDNX690.62-1.34
DJIA18162.99+121.45
Nasdaq5106.59+73.84
S&P 5002123.48+19.28
CDN Dollar0.8028-0.0001
Gold1187.40-16.90
Oil58.33-0.68
Lumber271.60-2.80
Natural Gas2.81-0.01

 
Okanagan Companies
Pacific Safety0.13-0.01
Knighthawk0.010.00
QHR Technologies Inc1.50-0.01
Cantex0.03-0.01
Anavex Life Sciences0.42-0.01
Metalex Ventures0.08-0.01
Russel Metals25.51+0.30
Copper Mountain Mining1.28+0.00
Colorado Resources0.11+0.01
ReliaBrand Inc0.0139+0.0059
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.155+0.005
Decisive Dividend Corporation2.10+0.16

 



26255

FEATURED Property
21602349810 Highway 97 N
2 bedrooms 1 baths
$229,900
more details
Click here to feature your property
Please wait... loading


Cash stressed seniors

Photo: Thinkstock.comFor many Canadian homeowners, their house represents the biggest portion of their net worth. Now, increasing numbers of seniors are starting to recognize the hidden value of their...


Do or do not

Photo: Thinkstock.com“The optimist sees the rose and not its thorns; the pessimist stares at the thorns, oblivious of the rose.” - Kahlil Gibran Good planning is all about managing chan...


Penetrate the smokescreen

Photo: ContributedHas this ever happened to you? You’re in the middle of your second or third “good discussion” with a prospect. Everything’s going great. The prospect seems en...

_



25991

26363


Member of BC Press Council


24843