Canada's benchmark index was up by 60 points at midday after
pushing further into record territory and hitting 15,603.97.
Sentiments were boosted by confirmation from Tim Hortons (THI.TO)
and Burger King that they are in talks over a possible merger
transaction that would create the world's third largest fast food
Also inspiring investors were prospects of stimulus measures
from the European Central Bank after data showed that business
morale in Germany, measured by the Ifo business confidence index,
fell short of analyst expectations.
Healthcare led the broad surge with a 0.71% gain. It was
followed by info tech, which rose 0.65% after the Wall Street
Journal reported Saturday that BlackBerry (BB.TO) scored another
court victory against a company co-founded by television
personality Ryan Seacrest when a U.S. court upheld a preliminary
injunction preventing the firm from selling its iPhone keyboard
Miners and energy jumped 0.41% and 0.31%, respectively, along
with copper and
So far, more than 84 million shares have changed hands. Tim
Hortons was the most actively traded stock.