Thursday, June 14, 2007

Canadian Stocks Advance on Oil, Led by Suncor, Crystallex; Financials Slip

(Bloomberg) -- Canadian stocks rose, led by energy
producers including Suncor Energy Inc., as crude oil prices
advanced.

The Standard & Poor's/TSX Composite Index gained 92.12, or 0.7
percent, to 13,951.64 as of 9:48 a.m. in Toronto. The Canadian
benchmark is 1.3 percent below its June 4 record, after falling
last week on rising bond yields and concern higher global interest
rates may reduce profits and stifle takeovers.


Read more at Bloomberg Stocks News

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