Canada Stocks: TSX futures down on lower oil prices

Belo Sun Mining

28/01/2019 12:35

Jan 28 (Reuters) - Futures for Canada's main stock index
fell on Monday, as oil prices slipped on expansion of rigs by
U.S. companies, signalling a further rise in crude supply.
    March futures on the S&P/TSX index  SXFc1  were down 0.44
percent at 6:55 a.m. ET.
    The Toronto Stock Exchange S&P/TSX composite index  .GSPTSE 
closed up 85.27 points, or 0.56 percent, at 15,366.05 on Friday.
  urn:newsml:reuters.com:*:nZXN0LHV00
    Dow Jones Industrial Average e-mini futures  1YMc1  were
down 0.41 percent at 6:55 a.m. ET, while S&P 500 e-mini futures
 ESc1  shed 0.41 percent and Nasdaq 100 e-mini futures  NQc1 
edged down 0.49 percent.  .N 
    
    TOP STORIES  TOP/CAN 
    Electric and gas utility Fortis Inc  FTS.TO  said on Monday
it would sell its 51 percent stake in its hydroelectric project
in British Columbia to state-owned Columbia Power Corp (CPC) and
Columbia Basin Trust (CBT) for about C$1 billion.  urn:newsml:reuters.com:*:nL3N1ZS3H0

     
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Belo Sun Mining Corp  BSX.TO : Canaccord Genuity cuts rating
to hold from speculative buy.
    Canadian Utilities Ltd  CU.TO : Credit Suisse cuts rating to
neutral from outperform.
    
    COMMODITIES AT 6:55 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1,298.9; +0.06 percent  GOL/ 
    US crude  CLc1 : $52.84; -1.58 percent  O/R 
    Brent crude  LCOc1 : $60.71; -1.51 percent  O/R 
    
    U.S. ECONOMIC DATA DUE ON MONDAY
    0830 National Activity Index for Dec: Prior 0.22
    1030 Dallas Fed Manufacturing Business Index for Jan: Prior
-5.10
    
    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 Siddharth Athreya V in Bengaluru; Editing by
James Emmanuel)
 ((siddharth.athreyav@thomsonreuters.com))