Stock futures pointed to a lower opening for Canada's main stock index on Monday as oil slipped on signs that production cuts by the
Organization of the Petroleum Exporting Countries and Russia are tightening supplies.
The S&P/TSX Composite Index gained 21.24 points Friday to end the first full week of the year at 16,308.18
The Canadian dollar inched up 0.14 cents to 80.44 cents U.S. Monday morning.
March futures subtracted 0.1% Monday.
Acacia Mining said on Monday said fourth-quarter production fell by a third on the previous year due to a ban on exports of gold and copper concentrates in Tanzania.
National Bank of Canada raised the target price on Medical Facilities to $14.25 from $13.50
National Bank of Canada raised the rating on Sherritt International to outperform
On the economic beat, the Canadian Real Estate Association was due out Monday with MLS listing for December
Overseas, Japan’s Nikkei 225 index regained 0.3%, while in Hong Kong, the Hang Seng Index settled 0.2%.
ON BAYSTREET
The TSX Venture Exchange lost 11.31 points, or 1.3%, Friday to 878.20
ON WALLSTREET
Markets in the United States are shuttered for Martin Luther King Day
