TORONTO — The Toronto stock market ended higher for a fourth straight day, boosted by a rally in the price of gold.The S&P/TSX composite index climbed 64.20 points or 0.5 per cent at 12,931.36, finding support from the gold and materials sectors.The Canadian dollar fell 0.24 of a U.S. cent to 72.73 cents US.On the commodity markets, April gold was up $14.90 at US$1,226.30 an ounce, while the March crude contract was up 11 cents at US$30.77 per barrel.Oil prices fluctuated throughout the day after the latest data showed that fuel stockpiles grew last week in the U.S.Crude prices have climbed recently due to optimism over a possible deal to limit production by some OPEC nations.In other resource markets, March natural gas was down nine cents at US$1.85 per mmbtu and March copper was unchanged at US$2.07 a pound.Wall Street was negative with the Dow Jones industrial average down 40.40 points to 16,413.43.The broader S&P 500 composite index declined 8.99 points to 1,917.83, while the Nasdaq composite index lost 46.52 points to 4,487.54.
Expecting to provide an impetus to defence cooperation between India and Sri Lanka and discuss issues of bilateral relevance, Chief of Army Staff of the Indian Army, General Dalbir Singh Suhag arrived in Sri Lanka this afternoon on a five-day long official visit at the invitation of his Sri Lankan counterpart, Lieutenant General Crishanthe De Silva.A red carpet welcome ceremony, coloured by traditional Ves dancers greeted him on arrival at the tarmac at Colombo Bandaranaike International Airport. Lieutenant General Crishanthe De Silva, Commander of the Army, together with Mrs Nayana De Silva, President, Army Seva Vanitha Unit (ASVU) were at the venue to extend a warm welcome to the visiting India’s Army Chief, General Dalbir Singh Suhag and his spouse, Mrs Namitha Suhag. The delegation is comprised of the spouse of General Dalbir Singh, Mrs Namitha Suhag, Brigadier Gopal Gurang, Colonel Amitabh Jha, and Captain N.K Saraswat.India’s Deputy High Commissioner for Sri Lanka Arindam Bagchi, Major General Sudantha Ranasinghe, Senior Liaison Officer, Commander, Security Force Headquarters – West, Major General Mahesh Senanayake, Military Secretary, Brigadier H.M.J.K. Gunaratne, Assistant Liaison Officer, Director Operations and Captain Prakash Gopalan, Defence Adviser at Indian High Commission were also at the airport to receive the Chief of Army Staff. General Dalbir Singh who had served the Indian Peace Keeping Forces (IPKF) in Sri Lanka in 1987 as a Company Commander is the 26th Chief of Army Staff (Army Commander) Indian Army has produced and proudly commands the 1.3 million-strong Indian Army. During his stay in Sri Lanka, the visiting Army Chief is scheduled to call on the Prime Minister Ranil Wickramasinghe, Field Marshal Sarath Fonseka, State Minister of Defence, Defence Secretary, Chief of Defence Staff, Air Force Commander and a few others. He will also attend wreath-laying ceremonies at the Indian Peace Keeping Force (IPKF) cenotaph at Battaramulla and the memorial in Palaly, Jaffna during his stay in the isle.