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)