Paul Taylor and BMO Global Asset Management Canada

BMO Global Asset Management Canada: The S P/TSX composite index jumped 183.09 points to 14,052.97 after losing 800 points or 5.5 per cent just since last Wednesday, according to The Toronto Star, Canada. With the level of downside that we saw, there just has to be opportunities in the market and so I think we re seeing some of that, said Paul Taylor, chief investment officer, asset allocation, BMO Global Asset Management Canada and The Toronto stock market snapped a vicious, four-session losing run Thursday with a solid triple-digit advance as bargain hunters moved into depressed stocks, particularly those in the energy sector. The Toronto markets energy sector was a major target of buyers, rising over three per cent as the November crude oil contract in New York erased early losses to rise 92 cents to $82.70 U.S. a barrel. The energy group had plunged 20 per cent over the past month with crude prices diving 13 per cent as a faltering global economy dampened demand prospects and hurt prices for oil and metals. (news.financializer.com). As reported in the news.