KORNER REPORT / Closing Market Briefs
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Toronto Stock Exchange - Daily Market Summary for Tuesday, January
12, 1999 04:29 PM
TSE 300 COMPOSITE INDEX IS DOWN
TRADING VOLUME 112 348 89
PERCENTAGE CHANGE 2.07%
POINTS CHANGE 141.48
VALUE $2,195,108,039.00
TSE 300 INDEX LEVEL 6700.83
TRANSACTIONS 74 026
ADVANCING ISSUES 359
DECLINING ISSUES 614
UNCHANGED ISSUES 286
THE S+P/TSE 60 INDEX IS DOWN
POINTS CHANGE 9.31
S+P/TSE 60 INDEX LEVEL 388.04
TSE 35 INDEX IS DOWN
PERCENTAGE CHANGE 2.66%
POINTS CHANGE 9.97
TSE 35 INDEX LEVEL 364.38
TSE 100 INDEX IS DOWN
PERCENTAGE CHANGE 2.29%
TOTAL POINTS CHANGE 9.41
TSE 100 INDEX LEVEL 409.68
0 OF THE SUB-GROUP INDICES ARE HIGHER
ACTIVE STOCKS
BID.COM INTERNATIONAL IS DOWN $0.35 TO $ 7.25
ROGERS COMM B IS UP $1.25 TO $ 17.95
LARGE PRICE CHANGES
FAIRFAX FINANCIAL SERVICES IS DOWN $8.00 TO $522.00
GENERAL MOTORS IS DOWN $4.00 TO $125.75
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Toronto Stock Exchange distribution notices for ''TIPS 35'' and
''TIPS 100''
TORONTO, Jan. 12 /CNW/ - The Toronto Stock Exchange has announced
final dividend and capital gains distributions for both Toronto 35
and TSE 100 Index Participation Funds for the year ending December
31, 1998.
The Toronto 35 Index Participation Fund distributed the following
quarterly distributions for the year ending December 31, 1998:
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Dividend Income Return of Capital Total
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Q1 0.14122 0.03568 0.17690
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Q2 0.14742 0.03875 0.18617
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Q3 0.14692 0.02452 0.17144
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Q4 0.14163 0.04181 0.18344
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Total 0.57719 0.14076 0.71795
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The TSE 100 Index Participation Fund distributed the following
quarterly distributions for the year ending December 31, 1998:
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Dividend Income Return of Capital Total
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Q1 0.12829 0.05573 0.18402
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Q2 0.17037 0.02374 0.19411
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Q3 0.12552 0.05231 0.17783
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Q4 0.16668 0.01318 0.17986
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Total 0.59086 0.14496 0.73582
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The capital gain distribution for the 1998 taxation year for the
Toronto 35 Index Participation Fund was $1.37976 per unit. This
amount was distributed to unitholders of record on December 31, 1998.
Any capital gains distributed by the Toronto 35 Index Participation
Fund was in the form of additional TIPS 35 units. Immediately
following the distribution of the capital gains, the number of TIPS
35 units were consolidated so that the number of units held by
investors was the same as before the capital gain distribution.
Please refer to the TIPS 35 Prospectus for further information.
There was no capital gain distribution for the TSE 100 Index
Participation Units for the 1998 taxation year.
For further information, please contact Index Services at (416) 947-
4704.
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Montreal Exchange - Daily stock market report - Closing
General activity on The Montreal Exchange at 4 p.m.
(including the early morning session):
Trading HEAVY
Volume traded: 15.1 million shares
Value traded: 233.2 million dollars
Indices:
XXM close -90.27 3474.05
high 3546.85
low 3474.05
Montreal Exchange most active stocks:
AIR CANADA -0.50 6.95
BQ IMPERIALE -1.40 39.25
TRANSCDA PIPLIN -0.10 21.95
SR TELECOM INC. -0.50 4.60
DENISON MINES UNCHANGED 0.115
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The Alberta Stock Exchange Closing Market Report for Tuesday, January
12, 1999
Daily Trading Summary for: 1/12/1999 Time: 14:42:43
Shares Dollar Issues
Traded Value Traded Advances Declines Unchanged
10,339,158 5,283,288.00 377 128 138 111
Net
Top Five Dollar Value Volume Close Change Trades
1,311,533.00 VALU-NET CORPORATION 972,150 1.450 .350 333
485,483.00 INTERPROVINCIAL SATEL 98,800 5.050 .350 65
282,480.00 LUXELL TECHNOLOGIES I 211,600 1.400 .170- 9
159,230.00 MC2 LEARNING SYSTEMS 41,500 3.820 .220 43
136,803.00 AASTRA TECHNOLOGIES L 33,550 4.000 .250- 23
Net
Top Five Volume Value Close Change Trades
972,150 VALU-NET CORPORATION 1,311,533 1.450 .350 333
655,000 SAVANNA RESOURCES LTD 13,100 .020 .005- 7
239,000 STORM ENERGY INC 96,380 .400 .030- 5
233,000 CANTEX MINE DEVELOPME 35,995 .150 .020- 22
225,000 ACER CAPITAL CORP 25,875 .115 .015 3
Alberta Stock Exchange Combined Value Index: 1,830.21 Change: 9.03
(x)J-JCP Total Number of Trades: 2,038
Among the Most Active:
MC2 Learning Systems
MCZ.A-ASE
Jan.12/99 - MC2 Learning Systems announced today that it has joined the
Dell Education Alliance, a consortium of hardware and software manufacturers
committed to offering computing solutions to the education market. As a
member of the Dell Education Alliance, MC2 will work with Dell representatives
and school technology coordinators to provide computing solutions tailored to
each school district's individual challenges, learning objectives and
technology needs.
Interprovincial Satellite Services Ltd.
ISS-ASE
Jan.11/99 - The Board of Directors of Interprovincial Satellite Services
Ltd. (''INTERSAT''), announced the following executive appointments: 1. J.T.
Knight, Ph.D., P.Eng. as Chairman and Chief Executive Officer, from his
previous position as President and Chief Executive Officer. 2. Chris Schnarr
as President and Chief Financial Officer, from his previous position as Vice
President, Corporate Development and Chief Financial Officer. INTERSAT will
seek suitable replacement candidates to assume Mr. Schnarr's Chief Financial
Officer duties in the near term. 3. Mike Neudoerffer, P.Eng. as Vice
President, Engineering, from his previous position as Director of Engineering.
4. Ward Garven as Vice President, Interfax Communications Ltd., a wholly owned
subsidiary of INTERSAT which is the commercial vehicle for INTERSAT's
leading-edge internet fax machine to fax machine (INTERFAX) service. Mr.
Garven's background includes 22 years in the information technology industry,
the past 14 years with Xerox in various senior management positions within
that organization at national and international levels. His responsibilities
included strategic planning, business process management, new product
launches, technology management and delivery, distribution channel management,
market management and customer management strategies and policies. INTERSAT is
a leading developer and value-added provider of global fax and data network
services to industry, using wireless and internet as communications media.
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Vancouver Stock Exchange Closing market report for January 12, 1999
VANCOUVER, Jan. 12 /CNW/ - Trading was moderate on a volume of 23.9
million shares worth 34.0 million dollars, with 105 advances, 154 declines
and 271 issues unchanged.
The VSE Composite Indicator closed down 3.09 at 417.94
The VSE Mining Indicator closed down 0.56 at 308.19
Most Active Issues by Volume
Volume Name Symbol Close Change
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1,889,282 Uniglobe Travel OnLine Inc. UTO 6.10 -0.55
878,900 Lake City Gaming Corp. LCG 3.45 0.15
836,200 Inlet Resources Ltd. INS 0.47 0.05
826,685 Winspear Resources Ltd. WSP 3.77 0.
797,000 El Misti Gold Limited EMG 0.16 -0.02
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