Thursday, May 31, 2007

Canadian Stocks Rise as Barrick Gains on Gold Price, CAE Jumps on Earnings

(Bloomberg) -- Canadian stocks rose, led by gold
companies including Barrick Gold Corp., as bullion prices climbed.

The declining value of the dollar against the euro boosted
demand for precious metals as alternative investments. Barrick, the
biggest gold producer, rose 22 cents to C$31.01. Goldcorp Inc., the
world's third-biggest gold producer, gained 20 cents to C$24.72.


Read more at Bloomberg Stocks News

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