Feb 26 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Monday, in a week where GDP data and federal budget will be in focus for investors.
March futures on the S&P TSX index SXFc1 were up 0.26 percent at 7:15 a.m. ET.
Canada's main stock index closed at a three-week high on Friday, with energy companies leading gains across the board on higher oil prices. Jones Industrial Average e-mini futures 1YMc1 were up 0.65 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.4 percent and Nasdaq 100 e-mini futures NQc1 were up 0.3 percent. .N
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TOP STORIES TOP/CAN
Newcrest Mining Ltd NCM.AX said it had invested $250 million to buy a 27.1 percent stake in Canadian miner Lundin Gold Inc LUG.TO as the gold major ramps up its exposure to Ecuador to secure growth. VTBR.MM , Russia's second biggest lender, has sold some of its shares in fast food chain Burger King, owned by Restaurant Brands International Inc QSR.TO , VTB Senior Vice President Dmitry Pyanov said. Energia Renovável SA, a Brazil-based unit of Canada's Brookfield Asset Management BAMa.TO , abandoned a plan to make a capital injection of 1.4 billion reais in Brazil's Renova Energia SA RNEW11.SA , which would give it a controlling stake in the company. RESEARCH HIGHLIGHTS RCH/CA
Pembina Pipeline Corp PPL.TO : TD Securities cuts target price to C$51 from C$53
Onex Corp ONEX.TO : RBC raises target price to C$105 from C$103
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,340.5; +0.93 pct GOL/
US crude CLc1 : $63.41; -0.22 pct O/R
Brent crude LCOc1 : $67.07; -0.36 pct O/R
LME 3-month copper CMCU3 : $7,137.50; +0.6 pct MET/L
U.S. ECONOMIC DATA DUE ON MONDAY
0800 Build permits R number mm for Jan: Prior 1.300 mln
0800 Build permits R change mm for Jan: Prior -0.2 pct
0830 National Activity Index for Jan: Prior 0.27
1000 New home Sales-Units for Jan: Expected 0.645 mln; Prior 0.625 mln
1000 New home sales change mm for Jan: Expected 3.2 pct; Prior -9.3 pct
1030 Dallas Fed Manufacturing Business Index for Feb: Prior 33.4
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