Economic Calendar

Monday, February 23, 2009

Canadian Stocks Gain as Suncor Rallies With Oil; Nova Surges

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By Cristina Alesci

Feb. 23 (Bloomberg) -- Canadian stocks rose as crude oil jumped to the highest in a week, driving a rally in Suncor Energy Inc., and Nova Chemicals Corp. surged on a takeover offer.

The Standard & Poor’s/TSX Composite Index advanced 26.82 points, or 0.3 percent, to 7,976.81 at 9:45 a.m. in Toronto.

To contact the reporter on this story: Cristina Alesci in New York at calesci2@bloomberg.net




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