Canada’s main stock index roses slightly on Wednesday amid energy gains as oil prices rose. The most influential gainers included Valeant Pharmaceuticals International Inc., which rose 14.24 percent to $43.15, and Canadian Natural Resources Ltd., which advanced 4.1 per cent to $34.703.
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Canada’s main stock index roses slightly on Wednesday amid energy gains as oil prices rose.
The energy group gained 2.2 per cent, as oil prices rose after industry data suggested the U.S. government was likely to report a smaller rise in crude inventories for last week compared to market expectations for a record high.
The most influential gainers included Valeant Pharmaceuticals International Inc., which rose 14.24 percent to $43.15, and Canadian Natural Resources Ltd., which advanced 4.1 per cent to $34.703.
Valeant added to Tuesday’s gains as Bill Ackman, an activist investor and recent addition to the company’s board, said a new CEO could be found in weeks rather than months.
