Bloomberg News

Canadian Stocks Pare Gain as Energy Shares Slip; Potash Rises

March 30, 2012

Canadian stocks pared gains as energy shares declined, offsetting an increase by metal and fertilizer producers.

The Standard & Poor’s/TSX Composite Index rose 6.42 points, or 0.1 percent, to 12,345.78 at 10:31 p.m. after rising as much as 0.8 percent earlier.

Suncor Energy Inc. (SU), Canada’s biggest oil and gas producer, declined 1 percent to C$32.12. Potash Corp. of Saskatchewan Inc. advanced 0.5 percent to C$45.19. China Gold International Resources Corp. rallied 3.6 percent to C$4.93 for the biggest gain in the index.

To contact the reporter on this story: Stephen Kleege in New York at skleege@bloomberg.net

To contact the editor responsible for this story: Joanna Ossinger at jossinger@bloomberg.net


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