The S&P/TSX composite index gained 9.97 points, or 0.08%, to 12,008.15.
The benchmark index hasn’t closed above the 12,000-mark since May 12.
Seven of the 10 TSX main sub-groups were down on the session.
The energy index gained 1.08%, though oil price were just marginally ahead. The September crude contract closed 4¢ higher at US$76.35.
Imperial Oil Ltd. was up $1.30, or 2.97%, to $45.02.
The gold sector, a sub-index of materials, gained 1.40%
The futures contract for gold was up $4.70 at US$662 an ounce, benefiting from a weakening U.S dollar.
Glamis Gold moved up $1.23, or 2.96%, to $42.76.
The telecommunications services group was up 1.34%.
BCE Inc. gained 57¢, or 2.16%, to $26.93.
The Canadian dollar climbed 0.11 of a cent to US89.26 cents¢.
The S&P/TSX Venture composite index gained 15.02, or 0.57%, to 2,649.17.
In New York, markets were down as investors showed concern about a lagging economy despite strong corporate earnings news.
The Dow Jones Industrial Average closed down 97.41 points at 11,076.18, while the S&P 500 declined 5.53 points at 1,265.95. The Nasdaq Composite ended essentially flat, losing just 0.57 of a point lower to finish 2,060.28.
TSX closes above 12,000
- By: IE Staff
- August 9, 2006 August 9, 2006
- 16:10