Thursday, May 10, 2007

Canadian Raw Materials Stocks Fall, Led by Barrick; Magna Shares Advance

(Bloomberg) -- Canadian raw-materials stocks fell, led by Barrick Gold Corp., on lower bullion prices. Shares of Magna International Inc. climbed after it announced a $1.54 billion investment by Russian billionaire Oleg Deripaska.

The Standard & Poor's/TSX Composite Index slipped 1.34, or less than 0.1 percent, to 13,893.82 as of 9:50 a.m. in Toronto.


Read more at Bloomberg Stocks News

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