Wednesday, April 25, 2007

Canadian Stocks Gain on U.S. Durable Goods; Encana, Energy Shares Advance

(Bloomberg) -- Canadian stocks rose for the first time in three days, led by energy producers, after EnCana Corp.'s profit exceeded analysts' estimates and a report showed that orders for durable goods increased more than expected in the U.S., the nation's biggest export market.

The Standard & Poor's/TSX Composite Index gained 56.33, or 0.4 percent, to 13,646.66 as of 9:37 a.m. in Toronto. The benchmark is 0.5 percent below its April 18 record of 13,711.96.


Read more at Bloomberg Stocks News

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