Canada Stocks: TSX futures fall on dip in oil prices

Park Lawn

17/01/2019 12:29

Jan 17 (Reuters) - Stock futures for Canada's main stock
index traded lower on Thursday pressured by a fall in oil
prices, as U.S. crude production neared a record 12 million
barrels per day in early January. 
    March futures on the S&P/TSX index  SXFc1  were down 0.27
percent at 7:00 a.m. ET.
    The Toronto Stock Exchange's S&P/TSX  .GSPTSE  closed up
64.98 points, or 0.43 percent, at 15,111.26 on Wednesday.
 urn:newsml:reuters.com:*:nL8N1ZG6WX
    Dow Jones Industrial Average e-mini futures  1YMc1  were
down 0.28 percent at 7:00 a.m. ET, S&P 500 e-mini futures  ESc1 
0.32 percent and Nasdaq 100 e-mini futures  NQc1  0.36 percent.
 .N 
    
     
    TOP STORIES  TOP/CAN 
    Husky Energy Inc  HSE.TO  said it will not extend its
hostile bid for MEG Energy  MEG.TO  after failing to get
sufficient support from the rival oil producer's board and
shareholders.  urn:newsml:reuters.com:*:nL1N1ZG1DT
    Kinder Morgan Canada Ltd  KML.TO  said on Wednesday its
quarterly profit from continuing operations more than doubled as
the company benefited from strong performance in its pipeline
and terminal business.  urn:newsml:reuters.com:*:nL3N1ZG51O
    Bombardier Inc  BBDb.TO  aims to make a decision this year
on the future of its CRJ regional jet as it "aggressively"
pursues new orders to secure its industrial future, the Canadian
planemaker's chief executive officer said on Wednesday.
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    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Iamgold Corp  IMG.TO : Canaccord Genuity cuts price target
to C$8.5 from C$9.0
    Park Lawn Corp  PLC.TO : National Bank of Canada cuts price
target to C$30 from C$32
    
    COMMODITIES AT 7:00 a.m. ET  COM/WRAP 
    Gold futures  GCcv1 : $1293.4; -0.03 percent  GOL/ 
    US crude  CLc1 : $51.53; -1.49 percent  O/R 
    Brent crude  LCOc1 : $60.55; -1.26 percent  O/R 
    
    U.S. ECONOMIC DATA DUE ON THURSDAY
    0830 Initial jobless claims: Expected 220,000; Prior 216,000
    0830 Jobless claims 4-week average: Prior 221,750
    0830 Continued jobless claims: Expected 1.735 mln; Prior
1.722 mln
    0830 Philly Fed Business Index for Jan: Expected 10; Prior
9.4
    
    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$1.33)

 (Reporting by Lisa Pauline Mattackal in Bengaluru; Editing by
Shinjini Ganguli)
 ((Email:lisapauline.mattackal@thomsonreuters.com))