Canada Stocks: TSX futures up on higher oil prices

Generation Mining

26/06/2019 12:31

June 26 (Reuters) - Canada's main stock index futures rose
on Wednesday as oil prices jumped after data showed a decline in
U.S. crude inventories and an outage at a major refinery on the
U.S. East Coast.
    September futures on the S&P/TSX index  SXFc1  were up 0.27%
at 7:10 a.m. ET.
    The Toronto Stock Exchange's S&P/TSX  .GSPTSE  fell 152.19
points, or 0.92%, to 16,371.28 on Tuesday.  urn:newsml:reuters.com:*:nL8N23W5Y8
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.4% at 7:15 a.m. ET, while S&P 500 e-mini futures  ESc1  were
up 0.43% and Nasdaq 100 e-mini futures  NQc1  were up 0.68%.
 .N 
    Brent crude futures earlier touched their highest since May
31 at $66.25 a barrel and U.S. crude hit its highest level since
May 30 at $59.13 a barrel.

     
    TOP STORIES  TOP/CAN 
    South Africa's Sibanye-Stillwater  SGLJ.J  is to sell a 51%
stake in its PGM-copper project in northern Ontario to
Generation Mining Ltd  GENM.CD  in a deal to further develop the
asset, the previous miner said on Wednesdaay.  urn:newsml:reuters.com:*:nL8N23X1Y1
        
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Centerra Gold Inc  CG.TO : RBC raises rating to sector
perform from underperform
    Eldorado Gold Corp  ELD.TO : JP Morgan raises rating to
neutral from underweight
    Kirkland Lake Gold Ltd  KL.TO : RBC raises target price to
C$54 from C$52
    
    COMMODITIES AT 7:15 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1402.8; fell 0.92%  GOL/ 
    US crude  CLc1 : $58.89; rose 1.83%  O/R 
    Brent crude  LCOc1 : $65.87; rose 1.26%  O/R 
    
    U.S. ECONOMIC DATA DUE ON WEDNESDAY
    0830 Durable goods for May: Expected -0.1%; Prior -2.1%
    0830 Durables ex-transport for May: Expected 0.1%; Prior
0.0%
    0830 Durables ex-defense mm for May: Prior -2.5%
    0830 Nondefense cap ex-air for May: Expected 0.1%; Prior -1%
    0830 Advance goods trade balance for May: Prior -$70.92 bln
    0830 Wholesale inventories advance for May: Prior 0.8%
    0830 Retail inventories ex-auto advance for May: Prior 0.4%

    
    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$1.32)

 (Reporting by Sourav Bose in Bengaluru; Editing by Shailesh
Kuber)