Economic Calendar

Thursday, September 25, 2008

Canadian Stocks Advance, Led by Canadian Natural; Potash Falls

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By John Kipphoff

Sept. 25 (Bloomberg) -- Canadian stocks rose for the first time in four days as Canadian Natural Resources Ltd. paced gains among energy producers.

Raw-materials producers declined along with metals and grain prices, led by Potash Corp. of Saskatchewan Inc.

The Standard & Poor's/TSX Composite Index added 0.2 percent to 12,540.26 at 9:56 a.m. in Toronto.

Research In Motion Ltd, maker of the BlackBerry e-mail phone, which is scheduled to report results today after markets close, gained 0.8 percent to C$101.20.

Canadian Natural, the nation's fourth-largest energy company by market value, gained 0.8 percent to C$82.83.

Toronto-Dominion Bank, the nation's second-largest lender by assets, gained 0.8 percent to C$63.88.

Potash Corp., the largest maker of crop nutrients, dropped 2.8 percent to C$163.25.

To contact the reporter on this story: John Kipphoff in Toronto at jkipphoff@bloomberg.net.


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