Canadian Stocks Advance After Shale-Gas, Potash Acquisitions
Bloomberg.com reports that Canadian stocks were up today, driven in part by natural-resource stocks on news of acquisitions
Bloomberg.com reports that Canadian stocks were up today, driven in part by natural-resource stocks on news of acquisitions.
The story is quoted as saying:
The Talisman deal “is positive for Canadian stocks,” said Mathieu Roy, who helps manage C$1.5 billion ($1.47 billion) as a money manager at Louisbourg Investments Inc. in Moncton, New Brunswick. “It suggests the money’s there to develop. A lot of Canadian companies with North American resources can grow them more quickly because they won’t have any trouble finding partners.”
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1783.36 | +19.74 | |
Silver | 20.32 | +0.33 | |
Copper | 3.45 | -0.02 | |
Palladium | 2059.00 | +64.00 | |
Platinum | 910.50 | +13.50 | |
Oil | 91.03 | +0.37 | |
Heating Oil | 3.43 | +0.01 | |
Natural Gas | 8.36 | +0.09 |
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