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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