CANADA STOCKS-TSX rises to four-week high in opening trade

TORONTO, April 4 (Reuters) – Toronto’s main stock index
opened higher on Monday, buoyed by rising commodity prices and
a new wave of takeover bids.

The Toronto Stock Exchange’s S&P/TSX composite index
(.GSPTSE: Quote, Profile, Research) rose 15.30 points, or 0.11 percent, to 14,145.45,
before extending gains to a four-week high of 14,226.65.

Equinox Minerals (EQN.TO: Quote, Profile, Research) was one of the big advancers,
rising more than 30 percent to C$7.44 after Minmetals Resources
(1208.HK: Quote, Profile, Research), China’s biggest metals trading firm, offered C$6.3
billion to buy the company. [ID:nL3E7F30DI]

($1=$0.97 Canadian)
(Reporting by Ka Yan Ng; editing by Peter Galloway)

CANADA STOCKS-TSX rises to four-week high in opening trade