Canadian Stocks Rise, Led by Encana, Canadian Natural Resources

By John Kipphoff

Sept. 18 (Bloomberg) -- Canadian stocks rose for the first time in four days, led by energy producers EnCana Corp. and Canadian Natural Resources Ltd., as crude oil rebounded to $100.

Standard & Poor's/TSX Composite Index jumped 323.28, or 2.7 percent, to 12,299.97 at 9:37 a.m. in Toronto, after falling 21 percent from its June peak through yesterday to meet the definition of a bear market. EnCana gained C$2.07, or 3 percent to C$70.97. Canadian Natural advanced $C2.67, or 3.5 percent, to C$79.25.

Oil for October delivery rose as much as $5.08, or 5. percent, to $102.24 a barrel on the New York Mercantile exchange.

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