Canada Stocks: Futures down as oil prices slip

Cardinal Energy (Alberta)

22/11/2018 12:24

Nov 22 (Reuters) - Futures for Canada's main stock index
edged lower on Thursday as oil prices fell due to an increase in
U.S. crude oil inventories.
    December futures on the S&P/TSX index  SXFc1  were down 0.12
percent at 7:00 a.m. ET.
    Toronto Stock Exchange S&P/TSX composite index  .GSPTSE 
closed up 218.02 points, or 1.47 percent, at 15,095.02, on
Wednesday.  urn:newsml:reuters.com:*:nZXN0LG200
    U.S. debt and equity markets are closed on Thursday for the
Thanksgiving holiday and will have a shortened session on
Friday. Stocks ended near the day's lows on Wednesday.
 urn:newsml:reuters.com:*:nL2N1XW1SR   
     
    TOP STORIES  TOP/CAN 
    Canada's federal government is considering a proposal from
its main oil producing province of Alberta to share the cost of
buying rail cars to move oil stuck in the region because of a
lack of pipeline capacity, said two sources with direct
knowledge of the matter.  urn:newsml:reuters.com:*:nL2N1XX041
    Canada's Centerra Gold  CG.TO  has promised Kyrgyzstan's
government that it will produce at least 15.5 tonnes of gold at
the giant Kumtor mine this year, the Kyrgyz prime minister's
press service said.  urn:newsml:reuters.com:*:nR4N1XQ03X
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Cardinal Energy Ltd  CJ.TO : CIBC cuts rating to neutral
from outperformer
    Entrec Corp  ENT.TO : Canaccord Genuity cuts target price to
C$0.20 from C$0.25
    Tervita Corp  TEV.TO : Canaccord Genuity raises target price
to C$13.5 from C$12.5

    
    COMMODITIES AT 7:00 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1228.9; +0.07 percent  GOL/ 
    US crude  CLc1 : $54.2; -0.79 percent  O/R 
    Brent crude  LCOc1 : $63.28; -0.32 percent  O/R 
    
    
    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 Nick Zieminski)
 ((siddharth.athreyaV@thomsonreuters.com))