Canada stock futures flat as oil slips
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[November 20, 2017] (Reuters)
- Futures for Canada's main stock index
were little changed on Monday, as oil prices eased ahead of an OPEC
meeting next week.
December futures on the S&P TSX index were up 0.04 percent at 7:15 a.m.
ET.
Canada's main stock index rose on Friday as higher commodity prices
helped resource shares, but losses from earlier in the week meant the
index ended the week lower than it started it for the first time in more
than two months.
Dow Jones Industrial Average e-mini futures were down 0.01 percent at
7:15 a.m. ET, while S&P 500 e-mini futures were down 0.04 percent
and Nasdaq 100 e-mini futures were up 0.04 percent. [.N]
TOP STORIES [TOP/CAN]
Canada's marijuana stocks, which have surrendered some of the potent
gains that pushed them to record highs this month, face a bumpy ride in
2018 that could purge smaller players, as the country moves to allow
recreational use of cannabis in July.
Nebraska regulators will announce their decision on Monday on whether to
approve TransCanada Corp’s <TRP.TO> Keystone XL pipeline route through
the state, the last big hurdle for the long-delayed project.
Glencore Plc <GLEN.L> said on Monday it had identified material
weaknesses in the internal controls for financial reporting at Katanga
Mining Ltd <KAT.TO>, in which the London-listed miner has a majority.
ANALYST RESEARCH HIGHLIGHTS [RCH/CA]
Asanko Gold Inc <AKG.TO>: Canaccord Genuity cuts price target to C$1
from C$2.50
[to top of second column] |
A sign board displaying Toronto Stock Exchange (TSX) stock
information is seen in Toronto June 23, 2014. REUTERS/Mark Blinch/File
Photo
Canadian Natural Resources Ltd <CNQ.TO>: Barclays raises target price to C$41
from C$38
Enerflex Ltd <EFX.TO>: National Bank of Canada raises target price to C$19 from
C$18.50
COMMODITIES AT 7:15 a.m. ET [COM/WRAP]
Gold futures <GCc2>: $1290.80; -0.44 percent [GOL/]
US crude <CLc1>: $56.45; -0.18 percent [O/R]
Brent crude <LCOc1>: $62.25; -0.75 percent [O/R]
LME 3-month copper <CMCU3>: $6780; +0.04 percent [MET/L]
U.S. ECONOMIC DATA DUE ON MONDAY
1000 Leading index change mm for Oct: Expected 0.6 pct; Prior -0.2 pct
(Reporting By Nikhil Kumar in Bengaluru; editing by Sai Sachin Ravikumar)
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