Toronto stocks closed lower Friday, as the energy sector dragged down the broader market, despite a good day in the information technology sector.

The S&P/TSX composite index finished down 35.19 points, or 0.32%, at 11,132.

Volume on the senior exchange was 291 million shares.

Nine of the 10 TSX main sub-groups closed either down or flat, with only the IT group, up 2.51%, moving significantly ahead.

Research in Motion Inc. gained $3.38, or 5.56%, to $64.13 as investors hoped the BlackBerry maker was getting closer to a settlement with NTP Inc. in its patent suit.

The energy sector crude futures closed down $1.27, or 2.1% at US$59.39 a barrel. EnCana Corp. lost 75¢, or 1.28%, to $57.85.

Gold futures closed at a record high.

February gold closed up $7.50 to settle at US$530.20 an ounce, its highest price since April 1981. Despite the rise in bullion prices, the gold sector fell 1.19%.

Goldcorp Inc. lost 57¢, or 2.32%, to $24.05.

The financials sector was flat.

Laurentian Bank reported fourth-quarter profit tripled to $21.6 million. Shares moved up $1.71, or 5.45%, to
$33.10.

The S&P/TSX Venture composite index finished up 9.54 points, or 0.45%, to 2,139.70.

The Canadian dollar finished up 0.11 of a cent at US86.44¢.

In economic news, Statistics Canada said industries operated at 86.9% of capacity and labour productivity increased a better-than-expected 0.8% during the third quarter.

On Wall Street, lower energy prices moved the market upward after a volatile trading day.

The Dow Jones industrial average gained 23.46 points, or 0.22%, to 10,778.58, the S&P 500 index was up 3.53, or 0.28%, at 1,259.37, and the Nasdaq composite index added 10.27, or 0.46%, to 2,256.73.

For the week, the Dow fell 0.91%, while the broad S&P 500 declined 0.45%, and the technology-laced Nasdaq Composite Index dropped 0.73%.