April 29, 2013 / 1:43 PM / 4 years ago

CANADA STOCKS-TSX rises, lead by Valeant, rebounding resource stocks

TORONTO, April 29 (Reuters) - Canada's main stock index
opened higher on Monday in broadbased gains led by Valeant
Pharmaceuticals International Inc after reports of
failed merger talks and resource stocks that rebounded after
Friday's tumble.
    The Toronto Stock Exchange's S&P/TSX composite index
 was up 54.70 points, or 0.45 percent at 12,274.90.
Eight of the index's 10 main groups were in positive territory.

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