Slate Grocery REIT T.SGR

C'mon lets go

[imstock]

TORONTO, Jan 18 (Reuters) - Canada's main stock index
touched its highest level since late February on Friday, helped
by a jump in Research In Motion shares after an
influential analyst boosted his rating and price target on the
company, days ahead of the launch of a new product line crucial
to RIM's future.
    Also boosting the index was news that China's economy grew
at a slightly faster-than-expected rate in the fourth quarter,
which lifted heavyweight materials and energy shares. The report
was the latest indication that China, a major resource consumer,
is recovering from a slowdown.  
    "The Chinese number yesterday was the key driving force, I
think ... obviously people are a bit more optimistic on the
resource side. That certainly helps, especially with things like
copper," said Sal Masionis, stockbroker at Brant Securities.
    The index's materials group was up 0.52 percent, while the
energy sector added 0.33 percent. Oil company Canadian Natural
Resources Ltd rose 1.36 percent to C$29.73, while miner
Goldcorp Inc advanced 1.25 percent to C$37.22.
    The Toronto Stock Exchange's S&P/TSX composite index
was up 61.91 points, or 0.49 percent, at 12,738.00, in
its strongest performance since Feb. 29, 2012.