Futures for Canada's main stock index were largely unchanged on Monday, with global trading activity dulled by a U.S. holiday, but the benchmark was set for its fourth straight monthly gain.
The TSX muscled higher 77.77 points to conclude Friday at 19,852.18, yet another all-time high. On the week, the gain was nearly 325 points, or 1.7%.
The Canadian dollar jumped 0.065 cents Monday to 82.85 cents U.S.
June futures were down 0.01% Monday.
Pieridae Energy has hired Japanese lender MUFG Bank to help raise $10 billion for its proposed Goldboro liquefied natural gas (LNG) export plant in Nova Scotia.
BMO raised the price target on National Bank of Canada to $101.00 from $97.00
Cormark Securities raises target price on Royal Bank of Canada to $136.00 from $130.00
Scotiabank raises price target to $43.00 from C$41.00
On the economic calendar, Statistics Canada’s industrial product price index rose 1.6% month over month in April and 14.3% compared to April 2020 in April, while its raw material price index hiked1.0% on a monthly basis in April and 56.4% compared to April 2020.
Overseas, in Japan, the Nikkei 225 docked 1% Monday, while in Hong Kong, the Hang Seng index inched up 0.1%.
Oil prices leaped 93 cents to $67.25 U.S. a barrel.
Gold prices gained $2.80 to $1,888.70 U.S.
ON BAYSTREET
The TSX Venture Exchange jumped 6.63 points to 966.28, for a gain on the week of nine points, or 0.95%.
ON WALLSTREET
U.S. markets are shuttered Monday for Memorial Day
Related Stories
