Thursday, 28 June 2007

Canadian Stocks Pare Gains After Fed Decision; EnCana Falls on Gas Prices

(Bloomberg) -- Canadian stocks pared gains after the
U.S. Federal Reserve left borrowing costs unchanged and said that
inflation remains the greatest risk facing the U.S. economy,
Canada's biggest export market.

The Standard & Poor's/TSX Composite Index added 11.16, or 0.1
percent, to 13,753.08 as of 2:42 p.m. in Toronto. Earlier it gained
as much as 0.6 percent on takeover and higher oil and gold prices.


Read more at Bloomberg Stocks News

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