Canada's benchmark stock index has blasted to a fresh record.
EnCana Corp.'s plans to split itself into two lifted the S&P/TSX composite past its previous closing high of 14,625.76 reached last July.
At 11:15 a.m., the index was up 162.26 points at 14,683.45. After EnCana, the biggest contributors to the gain were Research in Motion Ltd., Canadian Natural Resources Ltd. and several other energy companies buoyed by EnCana's news.
EnCana was up $6.48 or 7.5 per cent to $93. Research in Motion, which unveiled a new BlackBerry phone seen as a competitive threat to Apple Inc.'s iPhone, rose $6.65 or 5 per cent to $140.
