Canopy Growth logo

CGC - Canopy Growth News Story

$17.25 0.3  1.8%

Last Trade - 12/08/20

Sector
Healthcare
Size
Large Cap
Market Cap £4.83bn
Enterprise Value £4.14bn
Revenue £229.8m
Position in Universe 998th / 6376

CANADA STOCKS-TSX futures rise on relief over Trump's China response

Mon 1st June, 2020 12:39pm
June 1 (Reuters) - Canada's main stock index futures rose on
Monday as investors were relieved the U.S. response to China's
national security legislation in Hong Kong was milder than
initially feared.
     President Donald Trump on Friday ordered his administration
to begin the process of eliminating special U.S. treatment for
Hong Kong to punish China, but stopped short of calling an
immediate end to privileges that have helped the territory
remain a global financial center.  urn:newsml:reuters.com:*:nL4N2DB0H6
    June futures on the S&P/TSX index  SXFc1  were up 0.54% at
7:00 a.m. ET.
    Canada's IHS Markit manufacturing Purchasing Managers' Index
data for May is expected at 9:30 a.m. ET. 
    The Toronto Stock Exchange's S&P/TSX composite index ended
0.46% lower at 15,192.83 on Friday. 
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.08% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1  were
down 0.02% and Nasdaq 100 e-mini futures  NQc1  fell 0.27%.  .N 
    
     
    TOP STORIES  TOP/CAN 
    The shift to electric vehicles and other low-carbon
technologies could disrupt crude oil demand on a similar scale
to the COVID-19 pandemic, Suncor Energy Inc's  SU.TO  chief
executive said on Monday.  urn:newsml:reuters.com:*:nL1N2DB1FC

        
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Aritzia Inc  ATZ.TO : CIBC raises target price to C$22 from
C$19
    Canopy Growth Corp  WEED.TO : CIBC cuts rating to neutral
from outperform
    Enghouse Systems Ltd  ENGH.TO : RBC raises target price to
C$67 from C$58
    
    COMMODITIES AT 7:00 a.m. ET 
    Gold futures  GCc2 : $1736.3; -0.38%  GOL/ 
    US crude  CLc1 : $35.36; -0.37%  O/R 
    Brent crude  LCOc1 : $38.03; +0.5%  O/R 
    
    U.S. ECONOMIC DATA DUE ON MONDAY
    0945 Markit Manufacturing PMI Final for May: Prior 39.8
    1000 Construction spending mm for Apr: Expected -6.0%; Prior
0.9%    
    1000 ISM Manufacturing PMI for May: Expected 43.0; Prior
41.5
    1000 ISM Manufacturing Prices Paid for May: Expected 37.0;
Prior 35.3
    1000 ISM Manufacturing Employment Index for May: Expected
35.0; Prior 27.5
    1000 ISM Manufacturing New Orders Index for May: Prior 27.1
    
    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$1.37)

 (Reporting by Nachiket Tekawade in Bengaluru; Editing by
Krishna Chandra Eluri)
 ((Nachiket.tekawade@thomsonreuters.com))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.