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TSX futures rise as oil prices gain

Published 2019-07-22, 07:27 a/m
© Reuters.  TSX futures rise as oil prices gain

July 22 (Reuters) - Canada's main stock index futures rose on Monday, as oil prices gained on concerns of possible supply disruptions in the Gulf region following Iran's seizure of a British tanker last week. futures on the S&P/TSX index SXFc1 were up 0.14% at 7:00 a.m. ET.

Canada's wholesale trade data for May is due at 8:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE fell 8.29 points, or 0.05%, to 16,485.94 on Friday. Jones Industrial Average e-mini futures 1YMc1 were up 0.23% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.3% and Nasdaq 100 e-mini futures NQc1 were up 0.48%. .N

TOP STORIES TOP/CAN

Australian cobalt developer Jervois Mining will take over eCobalt Solutions ECS.TO after shareholders of the Canadian company voted in favour of the deal, Jervois said. hedge fund Odey Asset Management said it intends to vote, on behalf of its clients, in favour of Barrick Gold Corp 's ABX.TO , final offer to buy out its fellow shareholders in Acacia Mining. RESEARCH HIGHLIGHTS RCH/CA

Equitable Group Inc EQB.TO : RBC raises price target to C$96 from C$84

Intact Financial Corp IFC.TO : RBC raises price target to C$135 from C$122

COMMODITIES AT 7:00 a.m. ET COM/WRAP

Gold futures GCc2 : $1,427.6; +0.06% GOL/

US crude CLc1 : $56.5; +1.56% O/R

Brent crude LCOc1 : $63.81; +2.15% O/R

U.S. ECONOMIC DATA DUE ON MONDAY

0830 National activity Index for June: Prior -0.05

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report .TO

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Canadian dollar and bonds report CAD/ CA/

Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA

Canadian markets directory CANADA

($1=C$1.31)

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