Canada Stocks: TSX futures rise on higher oil prices

Lassonde Industries

02/12/2019 12:26

Dec 2 (Reuters) - Futures for Canada's main stock index were
higher on Monday, as oil prices rose, supported by hints that
OPEC and its allies may agree to deepen output cuts at a meeting
this week.
    December futures on the S&P/TSX index  SXFc1  were up 0.28%
at 7:15 a.m. ET.
    Canada's IHS Markit Manufacturing Purchasing Managers' Index
for November is due at 9:30 a.m. ET.
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.17% at 7:15 a.m. ET, while S&P 500 e-mini futures  ESc1  were
up 0.14% and Nasdaq 100 e-mini futures  NQc1  were up 0.09%.
 .N 
    
     
    TOP STORIES  TOP/CAN 
    Zijin Mining Group Co Ltd  601899.SS , one of China's
biggest gold miners, has signed an agreement to buy Canadian
miner Continental Gold Inc  CNL.TO , saying the purchase would
increase its gold reserves and boost cash flow and profit.
 urn:newsml:reuters.com:*:nL4N28C2LU
    Centerra Gold Inc  CG.TO  said on Sunday that two employees
working at its Kumtor gold mine in Kyrgyzstan are missing
following a "significant rock movement" at a waste rock
dump. urn:newsml:reuters.com:*:nL4N28C0QR

    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Centerra Gold Inc  CG.TO : Scotiabank cuts rating to sector
perform
    Dundee Precious Metals Inc  DPM.TO : Canaccord Genuity
initiates coverage with buy rating
    Lassonde Industries  LASa.TO : National Bank of Canada
initiates coverage with sector perform rating 
        
    
    COMMODITIES AT 7:15 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1461.5; -0.58 percent  GOL/ 
    US crude  CLc1 : $56.63; +2.65 percent  O/R 
    Brent crude  LCOc1 : $62.09; +2.65 percent  O/R   
    
    
    U.S. ECONOMIC DATA DUE ON MONDAY
    0945 Markit Manufacturing PMI Final for Nov: Prior 52.2
    1000 Construction spending mm for Oct: Expected 0.4%; Prior
0.5%
    1000 ISM Manufacturing PMI for Nov: Expected 49.2; Prior
48.3
    1000 ISM Manufacturing Prices Paid for Nov: Expected 47.0;
Prior 45.5
    1000 ISM Manufacturing Employment Index for Nov: Prior 47.7
    1000 ISM Manufacturing New Orders Index for Nov: Prior 49.1
    
    
    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$1.33)

 (Reporting by Siddharth Athreya V; Editing by Bernard Orr)
 ((Siddharth.athreyav@thomsonreuters.com))