Toronto stocks edged up slightly Friday, as a strong day in the energy group and gold stocks offset a negative session in the information technology index.
The S&P/TSX composite index gained 9.64, or 0.08%, to 11,604.82.
On the week, the index lost 0.13%.
Volume on the senior exchange was 365 million shares.
Six of the 10 TSX main sub-groups ended down, but the energy index ended up 1.02%.
The benchmark February contract was down 2¢ at US$63.92 a barrel on the New York Mercantile Exchange.
Suncor Energy Inc. increased $1.93, or 2.53%, to $78.25.
The materials sector gained 0.43%. The February contract for gold was up $7.70 to settle at US$557 an ounce, a 25-year high.
Bema Gold Corp. gained 17¢, or 4.07%, to $4.35.
Information technology group lost 2.28% after a disappointing outlook from Nortel Networks rival, Lucent Technologie. Nortel shares lost 16¢, or 4.09%, to $3.75.
U.S.-based fertilizer distributor Royster-Clark Ltd. rejected a sweetened $357.5-million takeover bid from Canadian fertilizer producer Agrium Inc., calling inadequate.
The S&P/TSX Venture Exchange index finished up 26.18, up 1.12%, to 2,369.67.
In New York, U.S. stocks ended flat on as profit warnings and concerns about Iran’s threat to halt U.N. nuclear inspections offset a tame inflation reading in a government report.
The Dow Jones industrial average lost 2.49 points, or 0.02%, to 10,959.87, the S&P 500 finished up 1.55, or 0.12%, at 1,287.61, and the Nasdaq composite index rose 0.35, or 0.02%, to 2,317.04.
Despite strong gains early, the week ended with the main indexes almost flat. The S&P was up 0.17%, the Dow was up 0.01% and the Nasdaq was up 0.50%.