Stock futures in Toronto pointed to a higher opening on Bay Street on Thursday, helped by growing expectations of aggressive European Central Bank action next week.
The S&P/TSX composite index settled back 4.41 points to close Wednesday at 13,403.42. Futures for December improved 0.3% early Thursday.
The Canadian dollar slumped 0.09 cents to 75.16 cents U.S. early Thursday
An Australian regulator Thursday thwarted an attempt by Brookfield Asset Management Inc to overcome competition concerns holding up its A$9-billion ($6.53-billion U.S.) bid for port and rail firm Asciano Ltd.
National Bank Financial raised the target price on Alimentation Couche-Tard to $67.00 from $65.00
Credit Suisse revised the target price on Bombardier to $1.64 from $1.65
ON BAYSTREET
The TSX Venture Exchange inched up 0.19 points Wednesday to 519.17.
ON WALLSTREET
U.S. markets are closed Thursday for Thanksgiving
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