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The screens at the TMX Broadcast Centre in Toronto show the closing numbers of the TSX on July 11, 2012. (Matthew Sherwood For The Globe and Mail)
The screens at the TMX Broadcast Centre in Toronto show the closing numbers of the TSX on July 11, 2012. (Matthew Sherwood For The Globe and Mail)

At the open: TSX moves higher Add to ...

The Toronto stock market inched higher in early trading while oil prices moved lower.

The S&P/TSX composite index gained 23.44 points to 12,617.71 shortly after open.

Information technology stocks were mostly higher, with the sector rising 0.8 per cent, as BlackBerry (TSX:BB) shares gained 3.1 per cent a day after it announced it was exploring its “strategic options,” which could include a sale.

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The September crude contract slid 15 cents to $105.96 a barrel.

December gold bullion dropped $5.90 to $1,328.30 an ounce, while September copper increased less than a cent to $3.31 a pound.

The Canadian dollar was down 0.24 of a cent to 96.82 cents US.

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