Toronto markets edged up Monday, as a strong day among financial shares offset lagging energy group.

The S&P/TSX composite index finished ahead 14.08 points, or 0.14%, to close 10,163.03.

Volume on the senior exchange was 189 million shares.

Six of the 10 TSX main sub-groups were up, including the heavily weighted financials sector, up 0.79%.

All of the six big banks were up on the day, with the Royal Bank of Canada up $1.26, or 1.64%, to $77.92.

Light, sweet crude for August delivery fell 77¢ to settle at US$57.32 a barrel on the New York Mercantile Exchange after OPEC lowered its 2005 global demand forecast.

The TSX energy group dropped 0.90%, including sector heavyweight EnCana Corp., which lost $1.23, or 2.50%, to close at $48.03.

The junior S&P/TSX Venture composite index finished down 3.26, or 0.19%, to 1,717.94.

In New York, the somewhat disappointing performance of banking giant Citigroup Corp. offset the positive effect of lower oil prices.

The blue chip Dow Jones industrial average lost 65.84, or 0.62, to 10,574.99, the tech heavy Nasdaq composite index fell 11.91, or 0.55%, to 2,144.87 and the broad based S&P 500 index declined 6.79, or 0.55%, to 1,221.13.

Citigroup shares fell 3% to US$45 as the company reported second-quarter that missed analysts’ expectations.