CANADA STOCKS-Fertilizer companies boost TSX, golds offset
* TSX rises 0.29 percent to 11,538.39
* Potash Corp shares jump 5.7 pct on takeover speculation
* Bank of Canada interest rate announcement on Tuesday (Adds details, updates to the close)
By Ka Yan Ng
TORONTO, Oct 19 (Reuters) - Toronto's main stock index finished higher on Monday, lifted by speculation that Potash Corp of Saskatchewan POT.TO could be taken over.
Shares of Potash Corp rose more than 5 percent, leading all advancers, after a Bank of America Merrill Lynch research report touted the idea that Australian mining giant BHP Billiton BHP.AX BLT.L could afford to make an all-cash bid for the world's largest fertilizer maker. [ID:nN19132987]
Potash Corp stock ended up 5.7 percent at C$106.84.
Fellow fertilizer company Agrium AGU.TO gained 6.4 percent to C$58.90 after it agreed to sell part of a nitrogen fertilizer facility to Terra Industries TRA.N. [ID:nN19341430]
A retreat by gold-mining issues partly offset the gains made by the fertilizer companies, even though the price of gold pushed above $1,060 an ounce. Goldcorp G.TO fell 0.5 percent to C$43.80. Continued...