Wednesday, 27 June 2007

Canadian Stocks Rise, Led by EnCana, as Energy Shares Rebound on Oil Price

(Bloomberg) -- Canadian stocks gained for the first
time in four days as such energy shares as EnCana Corp. gained
along with crude oil, whose price rebounded to almost $69 a barrel.

Raw-materials shares including Teck Cominco Ltd. and Alcan
Inc., the target of a takeover offer from Alcoa Inc., recovered
from earlier drops and rose on prospects of continued global demand
for resources, and more takeovers.


Read more at Bloomberg Stocks News

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