Resource Stock Roundup Friday, June 06, 2008
Jun 6th, 2008 | By Doug Casey | Category: Gold MarketThe Canadian Markets managed to rally during Thursday trading, as investors went bargain hunting after the recent sell-off.
The Canadian Markets managed to rally during Thursday trading, as investors went bargain hunting after the recent sell-off.
Investors went shopping for more well-known names on the big board, while the more speculative equities flatlined during Wednesday trading on the Canadian Markets.
The resource-rich Canadian markets rallied on the back of high commodity prices during Tuesday trading, with even the more speculative stocks having a rare up day.
A modest recovery in the price of bullion and oil helped propel the Canadian markets higher during Friday trading.
It was a rough day on the Canadian markets during Wednesday trading as the cooling down of commodity prices produced a sea of red.