Wednesday, July 25, 2007

Canadian Stocks Drop, Led by Barrick. Meridian, on Falling Metals Prices

(Bloomberg) -- Canadian stocks dropped a fourth
straight day as Barrick Gold Corp. led raw-materials shares lower
on falling price for bullion and copper.

The Standard & Poor's/TSX Composite Index declined 72.07, or
0.5 percent, to 13,996.09 as of 10:45 a.m. in Toronto, after
earlier climbing as much as 1 percent earlier on better-than-
expected earnings from natural-gas company EnCana Corp.. Yesterday,
the benchmark fell 400.17 points, or 2.8 percent, its worst drop
since April 2004.


Read more at Bloomberg Stocks News

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