(Bloomberg) -- Canadian stocks may rise on optimism
that near-record commodity prices may boost profits and trigger
more takeovers. Canadian National Railway Co., which is expected to
report quarterly earnings today, may lead the advance.
The Standard & Poor's/TSX Composite Index fell 42.89, or 0.3
percent, to 14,582.87 on July 20 in Toronto. The nation's benchmark
has risen 27 percent in the past year and reached a record last
week on global demand for energy and raw-materials, and record
takeovers of Canadian companies.
Read more at Bloomberg Stocks News
that near-record commodity prices may boost profits and trigger
more takeovers. Canadian National Railway Co., which is expected to
report quarterly earnings today, may lead the advance.
The Standard & Poor's/TSX Composite Index fell 42.89, or 0.3
percent, to 14,582.87 on July 20 in Toronto. The nation's benchmark
has risen 27 percent in the past year and reached a record last
week on global demand for energy and raw-materials, and record
takeovers of Canadian companies.
Read more at Bloomberg Stocks News
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