Monday, June 25, 2007

Canadian Stocks Decline on Metals, Materials Prices; Teck and Encana Fall

(Bloomberg) -- Canadian stocks declined for a fourth
time in five days, led by such energy and raw-materials producers
as EnCana Corp. and Teck Cominco Ltd., after prices for crude oil,
copper and gold declined.

Raw-materials, energy and other commodities make up more than
half of Canada's exports. Resource-related stocks account for
nearly half of the main Canadian stock index's value and helped
lift it to a record last week on takeovers and higher commodity
prices.


Read more at Bloomberg Stocks News

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