Market Rebounds with Oil Prices

Winnipeg Free Press (February 09, 2007)


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Summary:

"I have an upside for the TSX of around 13,200 -- after that, the market will take its cues from New York," said Joe Ismail, technical analyst at Maison Placements Canada.

The TSX energy sector moved up 0.45 per cent, reflecting a gain of US$2 in the March contract for light sweet crude on the New York Mercantile Exchange to US$59.71 a barrel. Oil and natural gas prices have revived after frigid weather settled into the U.S. from the Great Plans to the East Coast.

Extract:

Market Rebounds with Oil Prices

What the brokers say

TORONTO -- The Toronto stock market came back from an early negative...



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