Nov 23 (Reuters) - Stock futures pointed to a flat opening for Canada’s main stock index on Thursday as investors awaited a report on the country’s retail sales.
Statistics Canada will release retail sales data for September, which a poll of economists said is likely to have rebounded to 0.9 percent from a 0.3 percent fall in the previous month.
December futures on the S&P TSX index were down 0.02 percent at 7:15 a.m. ET.
Retail sales data is due at 8:30 a.m. ET
Canada’s main stock index was little changed on Wednesday, hovering below a recent record high, as losses for industrial and telecommunication shares offset gains for resource stocks, which were boosted by higher commodity prices.
Dow Jones Industrial Average e-mini futures were up 0.07 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.11 percent and Nasdaq 100 e-mini futures were up 0.08 percent.
Vancouver-based coal miner SouthGobi Resources Ltd said on Thursday it sacked its chief executive officer (CEO), who is a suspect in a fraudulent loan case, with immediate effect, because of his inability to fulfill his daily duties.
Canada will create up to 100,000 affordable housing units as part of a national housing strategy, the government said on Wednesday, but critics said the long-awaited plan did nothing to free up more land to help stem a growing affordability crisis.
British Columbia has sent its first shipment of liquefied natural gas to China, part of a pilot project to test the feasibility of small-scale LNG exports by container ship from the Pacific Coast province to global markets, FortisBC said on Wednesday.
ANALYST RESEARCH HIGHLIGHTS
Premium Brands Holdings Corp: TD Securities raises price target to C$125 from C$120
Grenville Strategic Royalty Corp: Raymond James cuts price target to C$0.12 from C$0.25
COMMODITIES AT 7:15 a.m. ET
Gold futures: $1290.8; fell 0.11 percent
US crude: $57.86; fell 0.28 percent
Brent crude: $62.94; fell 0.6 percent
LME 3-month copper: $6924; fell 0.43 percent
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TSX market report
Canadian dollar and bonds report
Reuters global stocks poll for Canada
Canadian markets directory
$1=C$1.27 1 Canadian dollar = $0.7891 Compiled by Debanjan Bose in Bengaluru
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