Monday, April 30, 2007

Canadian Stocks May Gain on Economic Growth; Sun Life, CIBC May Advance

(Bloomberg) -- Canadian stocks may gain after a report showed that the nation's economy expanded at a faster-than- expected rate, allaying concern that profits may decline as growth falters in the U.S., Canada's biggest export market.

Financial shares, seen as a proxy for the broader market may rise, led by Sun Life Financial Inc., which is scheduled to report first-quarter earnings tomorrow.


Read more at Bloomberg Stocks News

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