Nexen Inc.
(NYSE: NXY) added 14.4% to $26.90. The shares, which had fallen
last weak on fears that Canada
would not approve a deal with China’s
Cnooc Ltd., rebounded after Canada
did approve the deal. The Chinese takeover of the firm that works in the
Canadian oil sands, would be China’s
biggest-ever foreign acquisition. Share volume was three million, compared to a
daily average of 12 million