Toronto stocks moved lower, modestly off yesterday’s record close, as investors locked in some gains after three strong days of gains and ahead of the Easter holiday weekend.
The S&P/TSX composite index fell 23.29, or 0.17%, to 13,425.02.
Six of the 10 TSX main sub-groups were down.
The energy index fell 0.34%. Light, sweet crude for May delivery ended down 10¢ at US$64.28 a barrel.
Nexen Inc. fell 18¢, or 0.25%, to $71.95.
The materials index fell 0.60%, with the gold sub-index dropping 0.82%.
Gold futures ended rose $2 to US$679.40 an ounce.
Eldorado Gold Corp. fell 4¢, or 0.56%, to $7.10.
The Canadian dollar rose 0.67 of a cent to US86.94¢.
The S&P TSX Venture Exchange rose 16.46, or 0.51%, to 3,257.43.
In New York, markets moved modestly higher, in a session that saw relatively low trading activity.
The Dow Jones industrial average gained 30.15, or 0.24%, to 12,560.20, the Nasdaq composite index rose 12.65, or 0.51%, to 2,471.34, and the S&P 500 lifted 4.39, or 0.30%, to 1,443.76.
TSX drops slightly ahead of holiday weekend
North American trading sessions see relatively low trading activity on Thursday
- By: Rudy Mezzetta
- April 5, 2007 April 5, 2007
- 16:02