Canada Stocks: TSX futures up as oil prices gain

TransAlta Renewables

20/03/2020 11:22

March 20 (Reuters) - Canada's main stock index futures were
higher on Friday, with crude prices continuing to claw back some
of their recent losses.
    March futures on the S&P/TSX index  SXFc1  were up 2.14% at
7:00 a.m. ET.
    Canada's retail sales data is due at 08:30 a.m. ET 
    The Toronto Stock Exchange Composite Index  .GSPTSE  closed
up 3.8% at 12,170.52 on Thursday.  urn:newsml:reuters.com:*:nL1N2BC21G
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
3.3% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1  were
up 2.75% and Nasdaq 100 e-mini futures  NQc1  were up 3.96%.
 .N 
    
     
    TOP STORIES  TOP/CAN 
    Air Canada  AC.TO  will temporarily lay off more than 5,100
employees as it attempts to check the impact of the coronavirus
pandemic, the union representing the Canadian airline's flight
attendants said on Friday.  urn:newsml:reuters.com:*:nL4N2BD148
    
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Northland Power Inc  NPI.TO : CIBC cuts target price to C$30
from C$33
    Transalta Renewables Inc  RNW.TO : CIBC raises rating to
outperformer from neutral
    Atco Ltd  ACOx.TO : CIBC cuts target price to C$44 from C$54
    
    
    COMMODITIES AT 7:00 a.m. ET 
    Gold futures  GCc2 : $1513.1; +2.28 %  GOL/ 
    US crude  CLc1 : $27.17; +7.73 %  O/R 
    Brent crude  LCOc1 : $29.62; +4.04 %  O/R 
    
    
    U.S. ECONOMIC DATA DUE ON FRIDAY
    1000 Existing home sales for Feb: Expected 5.50 mln; Prior
5.46 mln
    1000 Existing home sales percentage change for Feb: Expected
0.7%; Prior -1.3%
    
    
    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$1.42)
 
    

 (Reporting by Swathi Nair in Bengaluru; Editing by Shailesh
Kuber)
 ((s.nair@thomsonreuters.com))