Hot Canadian Stocks To Buy For 2015
LOS ANGELES (MarketWatch) -- Australian stocks headed into a third day of gains Tuesday, as the S&P/ASX 200 (AU:XJO) rose 0.2% in early trade. Miners (except for gold miners) were among the leading advancers: Rio Tinto Ltd. (AU:RIO) (RIO) rose 0.9%, Fortescue Metals Group Ltd. (AU:FMG) (FSUMF) gained 1.3%, Mt. Gibson Iron Ltd. (AU:MGX) tacked on 2.3%, Alumina Ltd. (AU:AWC) (AWCMF) traded 1.1% higher, and Whitehaven Coal Ltd. (AU:WHC) jumped 5.4% after posting a 26% increase in fiscal-2014 coal output and predicted a modest rebound for coking-coal prices later this year. A hike to the copper-production outlook at Oz Minerals Ltd. (AU:OZL) (OZMLF) was worth a 0.9% gain for the shares as well. On the other side of the ledger, the overnight sell-off in gold sent the volatile gold stocks dropping hard: Kingsgate Consolidated Ltd. (AU:KCN) (KSKGF) down 2.5%, Evolution Mining Ltd. (AU:EVN) (CAHPF) down 5.4%, St. Barbara Ltd. (AU:SBM) down 6.7%, and Sydney-listed shares of Alacer Gold Corp. (AU:AQG) down 4.2%. In other sectors, electric company SP AusNet Ltd. (AU:SPN) traded 0.7% lower after reaching settlement of a class-action lawsuit over a 2009 wildfire started by one of its fallen power lines.
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