Futures for Canada's main stock index edged higher on Monday, in line with global markets, supported by optimism over countries around the world continuing to ease lockdown measures.
The S&P/TSX Composite Index gained 28.79 points, to close Friday at 14,913.64, a gain of 274.74 points, or 1.88% on the week.
The Canadian dollar inched higher 0.02 cents early Monday to 71.51 cents U.S.
June futures vaulted 0.9% Monday.
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.
TD Securities cut the price target on CAE Inc. to $20.00 from $23.00
BMO cut the price target on Innergex Renewable Energy to $19.50 from $20.00.
Eight Capital raised the price target on Well Health Technologies to $3.50 from $2.50.
Overseas, in Tokyo, the Nikkei 225 recovered in a big way, gaining 1.7%, Thursday, while in Hong Kong, the Hang Sang index eked higher 0.1%.
Oil prices gained 25 cents to $33.50 U.S. a barrel.
Gold prices docked $7.10 to $1,728.40.
ON BAYSTREET
The TSX Venture Exchange dropped 2.12 points Friday to 531.81, a jump of 27.93 points on the week, or 5.49%
ON WALLSTREET
U.S. markets are shuttered for Memorial Day
