Monday, 11 June 2007

Canadian Stocks May Gain on Optimism for Profits, Rising Gold, Oil Prices

(Bloomberg) -- Canadian stocks may rise for a second
day, extending their rebound after the benchmark index's biggest
two day loss in almost a year, as investors bet company profits can
withstand higher borrowing costs.

Gains today in the main Canadian stock index may be paced by
raw-materials and energy producers including Barrick Gold Corp. and
Suncor Energy Inc., as prices for gold and crude oil advance.


Read more at Bloomberg Stocks News

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