Financial Update

· TSX +173.23 The Toronto stock market racked up a solid gain with leadership from the energy sector after oil prices rebounded from 6 week lows.
· Dow -29.23
· Dollar +.43c to $99.86US boosted by news of proposed foreign takeover offers for Canadian companies
· Oil +$2.16 to $131.04US per barrel. on a threat of new sanctions against Iran and as Tropical Storm Dolly headed into the Gulf of Mexico, prompting a hurricane watch for parts of Texas and Mexico.· Gold +5.80to $963.10US per ounce