Dec 11 (Reuters) - Futures for Canada’s main stock index were little changed on Monday amid a fall in oil prices on signs of an increase in U.S. drilling activity.
December futures on the S&P TSX index were up 0.03 percent at 7:15 a.m. ET.
Canada’s main stock index rose to a two-week high on Friday, led by financial and industrial shares after solid U.S. jobs data boosted investor sentiment, while energy stocks climbed on higher oil prices.
Dow Jones Industrial Average e-mini futures were up 0.17 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.06 percent and Nasdaq 100 e-mini futures were up 0.11 percent.
Canada’s Fairfax Africa Investments Proprietary Ltd will not proceed with a plan to buy 23 percent of cement producer PPC for 2 billion rand ($146.34 million), the South African company said on Monday.
ANALYST RESEARCH HIGHLIGHTS
Cenovus Energy Inc (CVE). Citigroup raises target price to C$13 from C$10
Keyera Corp (KEY). Raymond James cuts price target to C$41 from C$44
Royal Bank Of Canada (RY). Eight Capital raises price target by C$6 to C$113
COMMODITIES AT 7:15 a.m. ET
Gold futures: $1249.1; +0.31 percent
US crude: $57.14; -0.38 percent
Brent crude: $63.29; -0.17 percent
LME 3-month copper: $6591; +0.3 percent
U.S. ECONOMIC DATA DUE ON MONDAY
1000 Employment Trends for Nov: Prior 135.6
1000 JOLTS job openings for Oct: Prior 6.093 mln
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Reuters global stocks poll for Canada
Canadian markets directory ($1= C$1.28) (Reporting by Erum Khaled in Bengaluru; editing by Sai Sachin Ravikumar)
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