CANADA STOCKS-TSX may open lower as investors take a breather

Fri Sep 20, 2013 8:18am EDT
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Sept 20 (Reuters) - Canadian stock index futures pointed to a slightly lower open on Friday as markets took a breather after this week's rally following U.S. Federal Reserve's surprise decision to leaving its bond-buying program intact.


* State-backed Royal Bank of Scotland said it raised 630 million pounds by selling a 20 percent stake in Direct Line, the latest stage in an EU-ordered disposal of Britain's biggest motor insurer.

* British estate agent Foxtons enjoyed a strong share market debut with early trading giving the firm a market value of over 788 million pounds, despite some concerns that its core property market is overheating.

* Cybersecurity company FireEye Inc priced its initial public offering of about 15.2 million shares at $20 per share, above its proposed price range.

* Reserve Bank of India Governor Raghuram Rajan surprised markets in his maiden policy review on Friday by raising interest rates to ward off rising inflation, while scaling back some of the emergency measures put in place to support the ailing rupee.


* Canada stock futures traded down 0.03 percent   Continued...