CANADA STOCKS-TSX may open higher, helped by rising gold price

Thu Mar 24, 2011 8:28am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

March 24 (Reuters) - Toronto's main stock index looked set to open slightly higher on Thursday, with gold miners likely to benefit as bullion prices rose on jitters over Europe's sovereign debt woes and violence in the Middle East


* Canadian equity futures <0#SXF:> pointed to a higher open.

* U.S. stock index futures rose as investors shifted focus to jobs data later in the morning, temporarily brushing off euro zone debt concerns. [.N]

* European shares edged higher in early trade, lifted by gains in retailers after upbeat results in the sector, though low volumes showed investors stayed on the sidelines as caution over the euro zone debt crisis lingered. [.EU]

* Asian stocks rose, while Nikkei and Shanghai Composite closed in red on radiation leak fears and profit taking


* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, rose 0.07 percent in early trade.

* Brent crude see-sawed on Thursday, as concerns about instability in the Middle East were offset by worries about the economic health of the euro zone following the resignation of Portugal's prime minister. [O/R]   Continued...