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