Canadian Stocks Decline With Oil, Copper; Petro-Canada Drops

... Bloomberg.com: Canada Updated: New York: Mar 06 16:00London: Mar 06 21:00Tokyo: Mar 07 06:00 US AUBZFPGRHKIMJPLNSMIND : Regions Top Worldwide Regions Asia Australia & New Zealand Canada Europe Germany Japan Latin America U.K.

U.S.

Markets Economy/Politics Commentary Sports Culture Bloomberg RSS RESOURCES: Bloomberg TV Bloomberg Radio Markets Canada E-Mail This Story Printer-Friendly Format Carlyle/Riverstone to Buy EnCana's Gas Storage Business for $1.5 Billion Research In Motion Shares Rise After Settlement of BlackBerry Patent Suit Canada's Dollar Falls Most in 3 Weeks a Day Before Central Bank Sets Rates Canadian Stocks Decline With Oil, Copper; Petro-Canada Drops March 6 (Bloomberg) - Canadian stocks fell for the first day in four as drops in oil and copper prices sent energy producers such as Petro-Canada and raw-materials companies including Inco Ltd.

lower.

Shares of Research In Motion Ltd.

surged, after the maker the BlackBerry e-mail device settled a patent dispute.

Today ``is all about commodity prices,'' said Raymond Steele, who helps manage C$600 ($524 million) at Mavrix Fund Management in Toronto.

``They're a double-edged sword for the Canadian market'' he said, because energy and materials stocks account for 43 percent of the Standard & Poor's/TSX Composite Index's value.

The S&P/TSX dropped 93.43, or 0.8 percent, to 11,885.25 as of 3:14 p.m.

in Toronto.

It is down 1.6 percent from a record on Feb.

6.

...

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