Friday, April 3, 2009

Roger Biduk; Bay Street Flat After Four-Week Gain

Roger Biduk;

The Toronto stock market closed little changed Friday as investors stepped back at the end of a fourth consecutive positive week.
Toronto's S&P/TSX composite index moved 7.38 points lower to 9,065.76, closing above the 9,000-mark for the first time since February 9 and leaving the main index modestly positive for the year to date.
The TSX Venture Exchange edged 2.89 points lower to 975.38 while the Canadian dollar was up 0.68 of a cent to 81.27 cents US.

S&P/TSX Capped Diversified Metals & Mining Index rose 3.19% as aluminum rose 3.44%, copper was 5.85% higher at $2.00 and silver was 2.23% lower to $12.74.
Sherritt International Corpora (S) +7.76% to $3.47. Trinidad Drilling Ltd. (TDG) +6.67% to $3.04. Inmet Mining Corporation (IMN) +5.69% to $35.46.
Pan American Silver Corp. (PAA) -8.48% to $20.40. Red Back Mining Inc. (RBI) -7.93% to $7.55. Silver Wheaton Corp. (SLW) -7.24% to $9.87. Forsys Metals Corp. (FSY) -5.65% to $4.51.

Losses were led by energy and particularly gold stocks and would have been higher had it not been for a solid earnings report that drove up the value of Research In Motion Ltd.

Roger Biduk;
The S&P/TSX Capped Information Technology Index soared 6.85% and the S&P/TSX Capped Telecom Services Index dropped 1.88%.
March Networks Corporation (MN) +14.62% to $3.45. Celestica Inc. (CLS) +10.97% to $5.16.
Research In Motion Ltd. (RIM.TO) shares soared $11.81 or 19.35 per cent to C$72.80 after the BlackBerry maker beat analyst expectations by a wide margin and posted a US$518.3 million in profit for its fourth quarter. The company's outlook was also stronger than expected while co-CEO Jim Balsillie said that about 70 per cent of net new subscriber accounts came from consumers, who now represent about half of the total BlackBerry subscriber account base.

The S&P/TSX Capped Industrial Index rose 0.81%.
Ballard Power Systems Inc. (BLD) +15.05% to $2.37. West Fraser Timber Co Ltd. (WFT) +5.86% to $23.68. Canfor Corporation (CFP) +5.33% to $4.94. BFI Canada Ltd. (BFC) +5.15% to $10.20.
Sino-Forest Corporation (TRE) -6.80% to $9.46.

The April crude contract on the New York Mercantile Exchange declined 0.25% to $52.51 and natural gas was up 0.50% to $3.80 as the S&P/TSX Energy Index dropped 0.02%.
Pacific Rubiales Energy Corp. (PRE) +9.26% to $5.90. North American Energy Partners (NOA) +8.15% to $4.51. Trinidad Drilling Ltd. (TDG) +6.67% to $3.04. Badger Income Fund (BAD.UN) +5.38% to $12.74.
Insignia Energy Ltd. (ISN) -7.27% to $2.55. Bucking Horse Energy Inc. (BUC) -6.32% to $4.45. Flint Energy Services Ltd. (FES) -6.26% to $5.99. Destiny Resource Services Corp (DSC) -5.83% to $2.10.

Roger Biduk;
The S&P/TSX Capped Utilities Index lost 0.80%.
Superior Plus Corp. (SPB) +6.64% to $10.12.
EPCOR Power L.P. (EP.UN) -5.12% to $12.98.

The S&P/TSX Capped Financial Index gained 2.50%.
Sun Gro Horticulture Income Fu (GRO.UN) +25.00% to $2.10. Brookfield Properties Corporat (BPO) +12.28% to $8.23. Connor, Clark & Lunn Global Fi (GFT.UN) +10.07% to $4.70. Sceptre Investment Counsel Lim (SZ) +7.43% to $4.05. First Asset Yield Opportunity (FAY.UN) +6.68% to $13.90.
Franco-Nevada Corporation (FNV.WT) -20.35% to $4.50. iShares CDN S&P/TSX Global Gol (XGD) -7.12% to $19.06. Franco-Nevada Corporation (FNV) -6.43% to $25.18.

The S&P/TSX Global Gold Index tanked 7.25% as the April bullion contract in New York sank $11.60 to US$897.30 an ounce.
Norsemont Mining Inc. (NOM) +22.05% to $2.38. First Quantum Minerals Ltd. (FM) +8.03% to $41.19.
Moto Goldmines Limited (MGL) -9.39% to $2.80. Semafo INC. (SMF) -7.83% to $2.00. Jaguar Mining Inc. (JAG) -7.81% to $6.85. European Goldfields Limited (EGU) -7.79% to $2.96. Kinross Gold Corporation (K) -7.76% to $19.60.

Roger Biduk;
The S&P/TSX Consumer Discretionary Index was 1.82% higher and the S&P/TSX Consumer Staples Index lost 2.05%.
Gildan Activewear Inc. (GIL) +7.49% to $11.63.

The S&P/TSX Capped Health Care Index was lower by 1.69%.

In the service sector:
Intermap Technologies Corporat (IMP) +13.33% to $2.38. Great Canadian Gaming Corporat (GC) +6.62% to $2.90. Transat A.T. Inc (TRZ.B) +6.19% to $8.92.

www.rogerbiduk.ca
www.rogerbiduk.wordpress.com
www.rogerbiduk.blogspot.com
http://bestcatanddognutrition.wordpress.com

No comments: