CANADA STOCKS-TSX may rise on oil, eye on banks
TORONTO Feb 26 (Reuters) - Toronto's main stock index is poised to climb at the open on Thursday as oil prices rose, but quarterly bank results and falling gold prices may offset.
The S&P/TSX composite index .GSPTSE rose on Wednesday for a second straight session.
Below is some of the news that may affect the market.
Bank shares got a boost on Wednesday as Toronto-Dominion Bank (TD.TO: Quote) kicked off Canada's bank reporting season with a smaller than expected drop in quarterly profit, a result that boosted both its stock and shares of its peers.[ID:nN25325226]
First-quarter bank results are expected to once again be a large influence on the index on Thursday with Royal Bank of Canada (RY.TO: Quote), National Bank of Canada NA.TO and Canadian Imperial Bank of Commerce CM.TO due to report quarterly results.
* See also: RBC profit falls 15 pct [ID:nN26538378]
* See also: CIBC results [ID:nWNAB7363]
* See also: UK launches toxic asset insurance for banks [ID:nLQ412152] Continued...