Wednesday, June 27, 2007

Canada Stocks May Fall on Commodities Prices; Petro-Canada, Alcan May Drop

(Bloomberg) -- Canadian stocks may fall, sending the
country's main equity index to its first four-day drop in nine
months, after prices for such commodities as crude oil and copper
slid.

Energy and raw-materials producers such as Petro-Canada and
Alcan Inc. may decline on concern that demand for Canadian
resources will slow, after a report showed durable goods orders in
the U.S., Canada's biggest export market, fell more than forecast.
Investors are also awaiting the U.S. Federal Reserve's interest
rate decision tomorrow.


Read more at Bloomberg Stocks News

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