CANADA STOCKS-Futures point to higher start as oil prices rise

Mon Nov 30, 2015 7:28am EST
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Nov 30 (Reuters) - Canada's main stock index looked set to open higher on Monday as oil prices recovered ahead of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) on Friday.

Although the producer group is not expected to change its output policy, oil traders strengthened their positions to prepare for any unexpected outcomes.

December futures on the S&P TSX index were up 0.34 percent at 7:10 a.m. ET.

Current account data for the third quarter is due at 8:30 a.m. ET

Canada's main stock index closed lower on Friday, hurt by weakness in resource shares after a plunge in China equities weighed on commodity prices.

Dow Jones Industrial Average e-mini futures were up 0.08 percent at 7:10 a.m. ET, while S&P 500 e-mini futures were up 0.05 percent and Nasdaq 100 e-mini futures were up 0.20 percent.

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