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TSX Takes Breather from All-Time Highs
Stock futures in Canada’s largest market were lower on Monday, a day after the country's main index hit another all-time high on the back of gains in global equities.
The TSX Composite Index gathered 74.25 points to end Friday at 17,559.02, for a jump on the week more than 324 points, or 1.9%.
March futures sank 0.1% early Monday.
The Canadian dollar dipped 0.04 cents to 76.5 cents U.S. early Monday.
Jefferies cut the target price on Aphria to $10.30 from $11.00
RBC cut the rating on Genworth MI Canada to sector perform from outperform
National Bank of Canada cut the target price on IAMGOLD to $6.00 from $7.25
RBC raise the target price on Sprott Inc to $3.50 from $3.00
Overseas, in Japan, the Nikkei 225 gained 0.2% Monday, while in Hong Kong, the Hang Seng Index dropped 0.9%
Oil prices added 27 cents to $58.79 U.S. a barrel.
Gold prices was lifted 10 dollars to $1,560.50 U.S. an ounce.
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ON BAYSTREET
The TSX Venture Exchange gained 1.39 points Friday to 584.50, for a gain on the week of 2.15 points, or 0.37%
ON WALLSTREET
Markets are closed Monday for Martin Luther King Day.
