Toronto stocks set to open up on record crude

Fri May 9, 2008 9:10am EDT
 
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TORONTO, May 9 (Reuters) - The Toronto Stock Exchange's main index looked set to push ahead at the opening bell on Friday, moving closer to its rå³ord high, while the price of crude continued its red-hot advance.

The composite could also take strength from Thursday's momentum after it gained nearly 2 percent, putting it in sight of the record high of 14,646.82 that was reached last July.

"We're getting not too far away from the previous high," said Joe Ismail, technical !ÿ cË›£

 

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