Tuesday, July 17, 2007

Canada Stocks Rise on Oil Prices, Led by Suncor; Research In Motion Gains

(Bloomberg) -- Canadian stocks rose after oil prices
reached an 11-month high and the biggest mobile-phone operator in
Japan said it would begin selling Research In Motion Ltd.
BlackBerry devices next week.

Suncor Energy Inc., the world's second-largest oil-sands
producer, helped lift the S&P/TSX Composite Index. OPEC ministers
said the group should keep its restrictions on crude oil
production. Research In Motion shares gained after NTT DoCoMo Inc.
said it will start selling Blackberry devices that browse Japanese
Web sites and input Japanese text.


Read more at Bloomberg Stocks News

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