June 11, 2009 – News Today

CANADA STOCKS-TSX may rise on resources, rosy global outlook

TORONTO, June 11 (Reuters) – Toronto’s main stock market index could open higher on Wednesday on rising commodity prices, as signs of an economic recovery in China prompt expectations of rising demand for natural resources.

Canada’s influential energy group is expected to be in the spotlight during the session as the price for U.S. crude oil rose to its highest level in the past seven months.