Monday, 25 June 2007

Canadian Stocks Decline on Metal, Natural Gas Prices; Teck and Encana Fall

(Bloomberg) -- Canadian stocks declined for a fourth
time in five days, led by such energy and raw-materials producers
as EnCana Corp. and Teck Cominco Ltd., after prices for natural-gas
fell to a three-month low and gold futures declined.

Energy, metals and other commodities make up more than half of
Canada's exports. Resource-related stocks account for almost half
of the main Canadian stock index's value and helped lift it to a
record last week on takeovers and higher commodity prices.


Read more at Bloomberg Stocks News

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