October 19, 2009 / 8:11 PM / in 8 years

CANADA STOCKS-Potash Corp takeover speculation lifts TSX

 TORONTO, Oct 19 (Reuters) - Toronto’s main stock index finished higher on Monday, pushed up by speculation that Potash Corp of Saskatchewan (POT.TO) could be taken over, and by firmer commodity prices.
 The S&P/TSX composite index .GSPTSE unofficially closed up 39.43 points, or 0.34 percent, at 11,544.19.
 Potash Corp led all notable advancers after a Bank of America Merrill Lynch research report touted the idea that mining giant BHP Billiton (BHP.AX) (BLT.L) could afford to make an all-cash takeover bid for the world’s largest fertilizer maker. [ID:nN19132987]. Potash rose 5.5 percent to finish at C$106.71.
 ($1=$1.03 Canadian)  (Reporting by Ka Yan Ng; editing by Peter Galloway)                                      

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