Monday, July 30, 2007

Canadian Stocks Rise, Rebounding From Rout; Barrick Gold Shares Advance

(Bloomberg) -- Canadian stocks rose after investors
speculated that the biggest weekly sell-off in almost six years
was overdone given that demand for commodities may keep boosting
prices and earnings and trigger more takeovers.

Barrick Gold Corp. and Petro-Canada paced gains in raw-
material and energy shares, which had among the biggest declines
last week, on higher prices for bullion and natural gas.


Read more at Bloomberg Stocks News

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