Toronto markets finished flat Wednesday compared with yesterday’s big rise spurred by the efforts of central banks to inject liquidity.

The S&P/TSX composite index closed down 47.18 points, or 0.35%, to close at 13,297.35.

Five of the 10 major TSX groups advanced.

The materials group fell 0.33%, as the gold sub-index dropped 0.51%. However, Eldorado Gold Corp. shares gained 15¢, or 2.17%, to end at $7.05.

Gold for April delivery ended up US$4.50 at US$980.50 an ounce on the New York Mercantile Exchange.

The heavyweight energy group shed 1.21%.

Crude topped $110 a barrel in trading today for the first time ever, and the April contract ultimately closed up US$1.17 a barrel, or 1.1%, at US$109.92 on the Nymex.

Petrobank Energy and Trust shares fell $4.29, or 8.03%, to end at $49.15, while units in Canadian Oil Sands Trust lost $1.16, or 2.68%, to close at $42.14.

The financials group remained relatively flat, gaining 0.32%.

The information tech group gained 0.75%, including Nortel Networks, which gained on news it introduced new technology that it says can quadruple network speed. Nortel shares moved ahead 25¢, or 3.77%, to end at $6.88.

In individual stocks, Alimentation Couchee-Tard shares lost 27¢, or 1.77%, closing at $14.95, after it said Q3 profit rose to US$50.5 million from US$43.7 million a year ago.

And tour operator Transat A.T. Inc. shares fell $2.11, or 8.09%, to end at $23.96, after it said it took at $10.5 million loss in Q1.

The junior S&P/TSX Venture composite added 5.85 points, or 0.22%, to end at 2,673.22.

The Canadian dollar closed out at par with the U.S. greenback.

In New York, early gains dwindled and markets closed in the red, after oil topped $110 a barrel in mid-day trading.

The Dow Jones industrial average shed 46.57 points, or 0.38%, to end at 12,110.24.

The S&P 500 lost 11.88 points, or 0.90%, to close at 1,308.77.

Meanwhile, the tech-heavy Nasdaq composite index fell 11.89 points, or 0.53%, at 2,243.87.