June 10, 2009 – News Today

CANADA STOCKS-TSX may open higher on resources, oil merger

TORONTO, June 10 (Reuters) – Toronto’s main stock market index could open higher on Tuesday as rising oil prices and a multibillion dollar merger involving UK-based oil explorer Heritage Oil (HOIL.L) and Genel Energy International [CUKRO.UL], shine the spotlight on the energy sector.

Firm gold and base metals prices were also expected to prop up the resource-heavy market as a weaker U.S. dollar supported prices. Read More