CANADA STOCKS-TSX may open higher after Bank of Japan stimulus

Wed Sep 19, 2012 8:47am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Sept 19 (Reuters) - Canada's main stock index looked set to open higher after the Bank of Japan eased monetary policy by boosting its asset-buying program.

TOP STORIES

* Canadian miner B2Gold Corp said it is buying CGA Mining Ltd in a deal valued at about C$1.1 billion.

* The Bank of Japan eased monetary policy by boosting its asset-buying program, as prospects of a near-term recovery in the world's third largest economy faded due to weakening exports and a prolonged slowdown in Chinese growth.

* French President Francois Hollande's Socialist-led government kick started ratification of a European Union budget discipline pact it grudgingly accepts as the next step out of the euro zone debt crisis.

* Germany sold 4 billion euros of two-year bonds, finding strong demand after a recent rise took yields back above zero, and as Spain's reluctance to seek financial aid kept investors on edge.

MARKET SNAPSHOT

* Canada stock futures traded up 0.15 percent   Continued...