(CHANGES REFERENCES TO DAY OF WEEK)
Canada's main stock index rose in early trade on Monday as investors looked to an eventual economic recovery from the coronavirus with more countries scaling back lockdown measures.
The S&P/TSX Composite Index gained 97.64 points, to open Monday and the week at 14,913.64.
The Canadian dollar faded 0.02 cents to 71.47 cents U.S.
Gold concentrate containers belonging to Barrick Gold’s Tanzania subsidiary Twiga Minerals have been cleared for export, four months after the government lifted an export ban imposed during a tax dispute.
Barrick shares dropped nine cents to $36.72.
TD Securities cut the price target on CAE Inc. to $20.00 from $23.00. CAE shares subsided a dime to $18.90.
BMO cut the price target on Innergex Renewable Energy to $19.50 from $20.00. Innergex shares backtracked 28 cents, or 1.5%, to $18.06.
Eight Capital raised the price target on Well Health Technologies to $3.50 from $2.50. Well Health gathered 14 cents, or 5.2%, to $2.86.
Oil prices gained 17 cents to $33.42 U.S. a barrel.
Gold prices docked $8.80 to $1,726.70.
ON BAYSTREET
The TSX Venture Exchange added 0.57 points to 537.51.
All but two of the 12 TSX subgroups were positive in the first hour of trading, with health-care chugging along 2.1%, consumer discretionary stocks better by 1.4%, and communications surging 1.1%.
The two losing subgroups were gold, down 0.4%, and materials, off 0.3%.
ON WALLSTREET
U.S. markets are shuttered for Memorial Day
American Markets Enjoy Holiday
