Toronto stocks ended marginally higher Friday, getting a boost from gains in the energy sector. The S&P/TSX composite index rose 5.59 points to close at 6,390.01.

Energy issues benefited from heightened fears of
a U.S.-led war in Iraq. Suncor rose 79¢ to $23.69, EnCanada added 51¢to $43.41, and Petro-Canada gained 63¢ to $63.83.

Research in Motion shares soared 28.4% following a licensing deal with Nokia. RIM shares jumped $5.75 to $26.

Other tech stock didn’t fare as as well. Nortel Networks fell 10¢to $2.11, while Celestica shed 74¢ to $21.85.

CIBC added 18 cents to $40.18. It announced it was closing its 60 bizSmart outlets which cater to small business owners. TD Bank shares fell 29¢to $28.91.

Vincor rose 44¢to $24.79 after it reported a 60% profit rise in the second quarter.

Four Seasons Hotels fell 57¢ to $48 after it reported a $12.3 million quarterly loss as high-end travel continued to suffer in the wake of September 11.

In trading on the Toronto market, 178.5 million shares were traded, worth $2.03 billion. Advancers beat decliners 562 to 470.

The junior TSX Venture Exchange was up 3.98 points at 952.17.

In New York, the Dow Jones Industrial Average fell 49.11 points to 8537.13. Dow component McDonald’s fell $1.52 US to $17.79 US after it said it would miss its 2002 earnings estimate and would close 175 restaurants worldwide.

The Nasdaq Composite Index fell 17.40 points to close at 1,359.30. The S&P 500 slipped 7.88 points to 894.77.

The dollar finished at US63.92¢ down from US64.36¢ at Thursday’s close.