CANADA STOCKS-TSX may open little changed; China, Ukraine worries weigh

Thu Mar 13, 2014 8:39am EDT
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March 13 (Reuters) - Canadian stock index futures looked set to open flat to slightly higher in cautious trading on Thursday, but concerns surrounding China's growth and Ukraine's continued political tensions could cap gains.


* Concerns over Chinese growth and political tensions in Ukraine took the fizz out of an attempted rally in riskier assets on Thursday, as world shares steadied after their biggest falls for nearly two weeks.

* Canadian home prices rose in February, pushing a national index of prices to a record high for the second month in a row, the Teranet-National Bank Composite House Price Index showed on Wednesday.

* Empire Co Ltd reported a steep fall in quarterly profit, hurt by higher inventory losses and higher costs due to a weaker Canadian dollar.

* Tour operator Transat AT Inc reported a bigger quarterly loss as a weak Canadian dollar pushed up operating expenses.