Roger Biduk; Bay Street Higher for the Week

Roger Biduk;

Toronto's S&P/TSX composite index closed down 63.8 points to 8,123.02.
At the end of a week where the TSX brushed late 2003 lows, the main index gained 173 points or two per cent, thanks in large part to better-than-expected earnings reports from four of the big Canadian banks.
The TSX Venture Exchange gave back 1.15 points to 861.66.
The CDN$ was down one and a fifth US cents to 78.6 cents US as Canada's current account balance with the rest of the world fell to its first deficit in nine years - reaching $7.5 billion - in the final quarter of 2008 as export volumes and prices decreased.

The S&P/TSX Capped Financial Index dropped 3.13%.
World Financial Split Corp. (WFS) soared 20.90% to $2.43. Energy Split Corp. (ES) +17.92% to $5.00. Franco-Nevada Corporation (FNV.WT) +9.35% to $5.85 Canaccord Capital (CCI) higher by 7.73% to $4.32. Acuity Small Cap Corporation (ASF) up 7.51% to $2.72.
GMP Capital Trust (GMP.UN) -18.47% to $5.65. Fairborne Energy Ltd. (FEL) -9.35% to $2.81. Manulife Financial Corporation (MFC) -9.03% to $12.90. Kingsway Financial Services (KFS) -8.91% to $2.25. Labrador Iron Ore Royalty Inco (LIF.UN) -8.27% to $25.50.
Royal Bank (TSX:RY) down 98 cents to $30.92 and CIBC (TSX:CM) lost $2.76 to $43.15. Manulife Inc. (TSX:MFC) fell $1.28 to $12.90.
TD Bank (TSX:TD) shares lost 58 cents to $37.39. Ed Clark has agreed to a contract extension and will stay on as president and CEO until the annual meeting in 2013. He also will take a pension freeze and waived the right to severance pay.

Roger Biduk;
The S&P/TSX Capped Information Technology Index was flat and the S&P/TSX Capped Telecom Services Index was up .28%.
Absolute Software Corporation (ABT) +6.25% to $3.91.
Torstar Corporation (TS.B) -15.54% to $5.11. Miranda Technologies Inc. (MT) -11.34% to $5.24.

The April crude contract on the New York Mercantile Exchange dropped 1.02% to $44.76, natural gas gained 2.97% to $4.20 as the S&P/TSX Energy Index was .35% higher.
Progress Energy Resources Corp. (PRQ) +8.97% to $8.99. ShawCor Ltd. (SCL.A) +6.58% to $18.30.
Eveready Inc. (EIS) -8.66% to $3.06. NuVista Energy Ltd. (NVA) -6.83% to $5.59. Breaker Energy Ltd. (WAV) -6.37% to $2.35. Paramount Resources Ltd. (POU) -5.04% to $6.22.
EnCana Corp. (TSX:ECA) gained $1.32 to $50.20 and Canadian Natural Resources (TSX:CNQ) declined 76 cents to $40.90.

The S&P/TSX Capped Industrial Index lost .92%.
TimberWest Forest Corp. (TWF.UN) +10.23% to $2.91.
Bird Construction Income Fund (BDT.UN) -11.19% to $15.55. SNC - Lavalin Group Inc. (SNC) -8.25% to $29.04.

Roger Biduk;
The S&P/TSX Global Gold Index gained .98% even as the April bullion contract in New York lost $.10 to US$942.10 an ounce.
Kinross Gold Corporation (K.WT.B) -9.18% to $2.77. Kinross Gold Corporation (K.WT.C) -6.37% to $5.00.
Guyana Goldfields Inc. (GUY) +7.43% to $2.89. Goldcorp (TSX:G) rose 55 cents to $36.96.

The S&P/TSX Capped Utilities Index gained .89%.
Superior Plus Corp. (SPB) +6.45% to $10.57.

The S&P/TSX Consumer Discretionary Index was .28% lower and the S&P/TSX Consumer Staples Index was down .39%.
Cascades Inc. (CAS) -5.11% to $2.60. CCL Industries Inc. (CCL.B) -5.98% to $21.39.

The S&P/TSX Capped Diversified Metals & Mining Index dropped 2.32% as aluminum dropped 1.60%, copper lost 2.56% and silver gained .96% to $13.11.
Athabasca Potash Inc. (API) +9.04% to $2.05. Progress Energy Resources Corp. (PRQ) +8.97% to $8.99. Fronteer Development Group Inc. (FRG) +7.61% to $3.11. Aurora Energy Resources Inc. (AXU) +5.00% to $2.52.
Paramount Resources Ltd. (POU) -5.04% to $6.22. Gerdau AmeriSteel Corporation (GNA) -5.16% to $5.15. Migao Corporation (MGO) -7.14% to $6.11.

The S&P/TSX Capped Health Care Index was higher by 3.73%.
QLT Inc. (QLT) +9.80% to $2.24.

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