Toronto stocks ended modestly higher Friday, as strength through the broader market outweighed a weak day in gold stocks, affected by a drop in bullion prices.
The S&P/TSX composite index moved up 13.17 points, or 0.10%, to 13,862.97.
The index jumped 270 points in the previous two sessions and is up 1.3% for the week.
On Friday seven of the 10 TSX main sub-groups ended in positive territory.
The materials index gained 0.28%, but the gold sub-index fell 1.62%.
Gold futures fell $6.90, or 0.9%, to close US$800.20 an ounce.
Iamgold Corp. fell 34¢, or 3.80%, to $8.61.
The energy index dipped 0.14%.
Light, sweet crude for January delivery fell down $1.95, or 2.2% at US$88.28 a barrel.
Imperial Oil moved up 29¢, or 0.56%, to $52.15.
Information technology gained 0.34%.
CGI Group Inc. gained 25¢, or 2.15%, to $11.87.
The S&P TSX Venture Exchange gained 14.12, or 0.52%, to 2,730.49.
The Canadian dollar finished up 0.40 to US99.49¢.
In New York, markets were little moved as investors anticipated next week’s interest rate decision by the U.S. Federal Reserve.
The Dow Jones industrial average gained 5.69 points, or 0.04%, to 13,625.58, the Nasdaq composite index dipped 2.87, or 0.11%, to 2,706.16, the S&P 500 fell 2.68, or 0.18%, to 1,504.66.
For the week, however, all three major U.S. stock indexes finished with gains. The Dow wa up 1.9%, the S&P 500 rose 1.6% and the Nasdaq gained 1.7%.