CANADA STOCKS-TSX futures gain as oil prices recover

Thu Apr 6, 2017 7:33am EDT
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April 6 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Thursday as oil prices recovered from losses triggered by record high U.S. crude inventories.

June futures on the S&P TSX index were up 0.22 percent at 7:15 a.m. ET.

Statistics Canada is scheduled to release building permits data for February at 8:30 a.m. ET.

Canada's main stock index edged lower on Wednesday, retreating from a nearly six-week high as financial shares declined and the energy sector gave up an earlier advance, although overall losses were tempered by gains in consumer-related stocks.

Dow Jones Industrial Average e-mini futures were up 0.1 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.09 percent and Nasdaq 100 e-mini futures were up 0.09 percent.

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Royal Bank of Canada, JPMorgan and Bank of Montreal took the top three positions advising on Canadian equity issues in the first quarter, according to Thomson Reuters data released on Thursday.   Continued...