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CANADA STOCKS-TSX futures rise on higher oil prices

Published 2018-12-28, 07:54 a/m
© Reuters.  CANADA STOCKS-TSX futures rise on higher oil prices
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Dec 28 (Reuters) - Futures for Canada's main stock index rose on Friday, as oil prices bounced back from the previous session's steep losses.

March futures on the S&P/TSX index SXFc1 were up 0.72 percent at 7:07 a.m. ET.

The Toronto Stock Exchange S&P/TSX composite index .GSPTSE closed up 385.02 points, or 2.79 percent, at 14,165.21 on Thursday. prices rebounded, recovering slightly from heavy losses this week, but remained close to the lowest levels in over a year as rising U.S. inventories and concern over global economic growth rattled markets. Jones Industrial Average e-mini futures 1YMc1 were up 0.53 percent at 7:16 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.51 percent and Nasdaq 100 e-mini futures NQc1 were up 0.4 percent. .N

TOP STORIES TOP/CAN

Canadian cannabis producer Aphria Inc APHA.TO said that Green Growth Brands Ltd's proposed C$2.8 billion ($2.06 billion) all-stock hostile bid undervalued the company. RESEARCH HIGHLIGHTS RCH/CA

Husky Energy Inc HSE.TO : Eight Capital cuts target price to C$20 from C$22

COMMODITIES AT 7:22 a.m. ET COM/WRAP

Reuters/CRB Index Total Return .TRCCRBTR : 176.5666; fell 0.03 percent

Gold futures GCcv1 : $1281.2; rose 0.01 percent GOL/

US crude CLc1 : $45.04; rose 0.96 percent O/R

Brent crude LCOc1 : $52.26; rose 0.19 percent O/R

U.S. ECONOMIC DATA DUE ON FRIDAY

0945 Chicago PMI for Dec: Expected 62.0; Prior 66.4

1000 Pending Homes Index for Nov: Prior 102.1

1000 Pending Homes Sales mm for Nov: Expected 0.7 pct, Prior -2.6 pct

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report .TO

Canadian dollar and bonds report CAD/ CA/

Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA

Canadian markets directory CANADA ($1 = C$1.36)

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