Monday, July 30, 2007

Canadian Stocks Rebound From Biggest Weekly Loss in 6 Years; Barrick Gains

(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. paced gains in raw-material shares, which
had among the biggest declines last week, on higher prices for
bullion and natural gas. Canadian Pacific Railway Ltd. led
industrial companies higher.


Read more at Bloomberg Stocks News

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