Toronto stocks finished flat Friday. Trading was light because of the Independence Day holiday in the U.S. The S&P/TSX composite index edged up 2.10 points to 7,001.88.

The S&P/TSX composite index edged up 2.10 points to 7,001.88. For the week the key index posted a slim gain of 0.3%.

A 0.4% rise among by the industrials sector was the biggest gain, none of the TSX groups moved significantly.

Air Canada was the most active issue. The airlines’ shares rose 20¢ to $1.80. On Thursday, the airline said it had reached a deal with its biggest aircraft lessor to lower its leasing costs and provide financing once the airline emerges from bankruptcy protection.

The TSX Venture composite index rose 4.14 points to close at 1,113.84.

In economic news, the Organization for Economic Co-operation and Economic Development reported the Canadian, U.S. and European economies should grow in the coming months.

Canada’s rating on the Paris-based organization’s composite leading indicator jumped 2.6 points to 132.4 in May, the first month-to-month increase since January. The six-month trends for the Euro and U.S. areas were also up.

The Canadian dollar weakened on Friday. It slipped to US74.57¢ from US74.82¢ at Thursday’s close.