Canadian Stocks Rise as Commodities Gain on China Export Data
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Canadian stocks rose for a third day as resource companies advanced after China’s exports jumped more than forecast last month.
Canadian Natural Resources Ltd. and Suncor Energy Inc. added at least 0.9 percent as crude rose to a three-month high. Yamana Gold Inc. gained 5.8 percent as gold rose the most in two months. First Quantum Minerals Ltd. added 2.2 percent after Leucadia National Corp., the top shareholder of Inmet Mining Corp., said it plans to tender its shares to First Quantum’s hostile C$5.1 billion ($5.2 billion) bid for the copper mining company.