(Bloomberg) -- Canadian stocks rose for a second day, led by phone companies including Rogers Communications Inc. Financial shares such as Bank of Montreal gained before their second-quarter results announcements that begin next week.
The Standard & Poor's/TSX Composite Index added 29.98, or 0.2 percent, to 13,964.62 as of 11:34 a.m. in Toronto. The Canadian benchmark has risen 8.2 percent this year and reached a record 14,003.82 on May 11, as record prices for such commodities as nickel triggered takeover proposals for Canadian metals and mining companies including Alcan Inc.
Read more at Bloomberg Stocks News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment