Toronto stocks ended flat Monday, as losses in the technology sectors offset strong gains in the energy group, but the Canadian dollar hit a nearly 14-year-high.

The S&P/TSX composite index ticked ahead 3.54 points, or 0.03%, to 11,008.78.

Volume on the senior exchange was 282 million shares.

Six of the 10 TSX main sub-groups were down, with the information technology sector off 1.70%.

Research in Motion fell $1.52, or 2.36%, to $62.98.

The telecommunications group was down 0.79%. BCE Inc. lost 31¢, or 1.11%, to $27.59.

The energy sector gained 1.08%.

Light, sweet crude for January delivery gained 59¢ to settle at US$59.91 a barrel on the New York Mercantile Exchange, after hitting a high of US$60.80 in intra-day trading.

The benchmark December contract was up $5.60 at US$508.90 an ounce.

Goldcorp Inc. reported it will buy Quebec-based Virginia Gold Mines Inc. for $505 million in an all-stock deal. Goldcorp shares fell 20¢, or 0.84%, to $23.58.

The financials sector was down 0.09%.

Scotiabank announced its Scotia Capital corporate and investment banking division is taking over US$20 billion worth of car loans from General Motors Acceptance Corp. Scotia’s shares gained 28¢, or 0.62%, to $45.53.

The Canadian dollar moved up 0.28 of a cent to US86.41¢. It’s the loonie’s highest close since 1992.

The S&P/TSX Venture composite index finished down 0.09, staying essentially flat, to settle at 2,088.81.

In New York, rising oil prices and fears of continuing interest hikes put downward pressure on the markets.

The Dow Jones industrial average lost 42.50 points, or 0.39%, to 10,835.01, the S&P 500 index fell 2.99, or 0.24%, to 1,262.09, and the Nasdaq composite index dropped 15.73, or 0.69%, to 2,257.64.