2/21/2012 9:53 AM ET
(RTTNews) - Bay Street stocks moved up at open Tuesday amid buying in commodities, with the S&P/TSX Composite Index gaining 74.02 points or 0.59 percent to 12,532.32.
In the oil patch, Flint Energy Services (FES.TO) soared over 65 percent to C$24.79 after it said it would be acquired by URS Corp. for C$25.00 per share in cash or C$1.25 billion.
Encana Corp. (ECA.TO), MEG Energy (MEG.TO), Niko Resources (NKO.TO) and Bonterra Energy (BNE.TO) were up around 1 percent each.
The Diversified Materials Index rose over 1 percent, with First Quantum Minerals (FM.TO) and Teck Resources (TCK_B.TO) adding around 2 percent each.
Among gold plays, Barrick Gold (ABX.TO), Goldcorp. (G.TO) and Seabridge Gold (SEA.TO) moved up around 2 percent each.
by RTT Staff Writer
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