Business
Toronto stock market heads higher
Feb 28, 2013 / 9:44 am
The Toronto stock market was higher at the open, with strength coming from the financial sector following a string of positive earnings reports from three of Canada's big banks.
The S&P/TSX composite index was ahead 20.39 points to 12,752.78 as Royal Bank (TSX:RY), CIBC (TSX:CM) and TD Bank (TSX:TD) all met earnings expectations. RBC and TD also upped their dividends.
The Canadian dollar was down 0.46 of a cent to 97.29 cents US.
U.S. indexes were little changed as the latest look at fourth-quarter economic growth was disappointing.
The U.S. economy grew at a 0.1 per cent annual rate from October through December, the weakest performance in nearly two years.
The Dow Jones industrials added 0.31 of a point to 14,075.68, the Nasdaq composite index was ahead seven points at 3,169.26 and the S&P 500 index gained 2.07 points to 1,518.06.
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Today's Market
| S&P TSX | 12658.09 | -94.41 |
| S&P CDNX | 942.05 | -0.03 |
| DJIA | 15294.50 | -12.67 |
| Nasdaq | 3498.965 | +33.722 |
| S&P 500 | 1650.51 | -4.84 |
| Gold | 1389.30 | -2.70 |
| Lumber | 316.00 | -4.50 |
| Oil | 96.05 | -0.11 |
| Natural Gas | 4.248 | -0.013 |
| CDN Dollar | 0.9689 | N/A |
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Okanagan Companies
| Sun Rype | 6.10 | 0.00 |
| Pacific Safety | 0.07 | +0.02 |
| Knighthawk | 0.02 | 0.00 |
| QHR Technologies Inc | 0.57 | -0.03 |
| Cantex | 0.015 | 0.00 |
| Anavex Life Sciences | 0.50 | 0.00 |
| Metalex Ventures | 0.08 | -0.005 |
| Russel Metals | 26.62 | -0.10 |
| Copper Mountain Mining | 1.75 | -0.02 |
| Colorado Resources | 1.45 | +0.06 |
| ReliaBrand Inc | 0.13 | 0.00 |
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