Banking stocks boosted the Toronto Stock Exchange’s main index higher on Friday following good news from U.S. banking giant Citigroup.

The S&P/TSX composite index finished up 55.71 points at 13,515.96. For the week, the index fell 1.4%.

The TSX financial group gained just under 1% Friday.

CIBC rose 66¢ to $57.76, and Bank of Montreal added 98¢ to $45.96.

The TSX energy sector was up 0.8% as the August crude contract on the New York Mercantile Exchange declined 41¢ to US$128.88 a barrel.

EnCana shares rose 81¢ to $78.81, but Suncor Energy slipped 50¢ to $55.

Among individual stocks, Bombardier added 8¢ to $7.15 despite news that its proposal to supply Toronto with new streetcars was rejected.

The junior S&P/TSX Venture composite index added 15.43 points, or 0.68%, to end at 2,298.74.

The Canadian dollar rose 0.11¢ from Thursday’s close to finish at US99.43¢.

In New York, technology stocks dragged down the Nasdaq, while Citigroup’s smaller-than-expected loss pushed up the Dow.

The Dow Jones industrial average gained 49.91 points, or 0.44%, to 11,496.57. The S&P 500 was little changed, up just 0.36 of a point, or 0.03%, at 1,260.68.

However, the tech-heavy Nasdaq composite index, meanwhile, fell 29.52 points, or 1.28%, to close at 2,282.78.

For the week, the Dow rose 3.5%. The S&P 500 rose 1.7%, while the Nasdaq was up 1.9%.