Canada's main stock index looked set to open lower, but volumes were expected to be light with the U.S. market closed for a holiday.
The S&P/TSX composite index gained 9.13 points Friday, to end a short week at 12,667.22. Futures today dipped 0.07%
The Canadian dollar eked up 0.02 cents to 96.65 cents U.S. early Monday.
National Bank Financial raised the price target on Alaris Royalty to $33 from $31, saying exposure to the resource space provides the company with better cash flow diversification in a reasonably low-risk manner.
National Bank Financial raised the rating on Santonia Energy Inc. to outperform from sector perform, says the company's balance sheet remains in excellent shape following corporate restructuring last year.
There is no economic news due out today.
ON BAYSTREET
The TSX Venture Exchange accumulated 6.27 points Friday to 948.32
ON WALLSTREET
Markets in the U.S. are closed Monday for Memorial Day.
