(Bloomberg) -- Canadian stocks gained for a second day as takeover offers for LionOre Mining International Ltd. and Ipsco Inc. signaled demand for commodity-producing assets with prices for metals such as nickel near record highs.
Gains in the market were limited as TSX Group Inc. dropped the most in 11 months after some of the biggest Canadian banks said they plan to start a new stock trading system next year that will compete with TSX Group's Toronto Stock Exchange.
Read more at Bloomberg Stocks News
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