TSX to Start Little Changed Amid Mixed Commodities, Corporate Earnings


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The Canadian benchmark index may start the first trading day of the week slightly changed, after hovering in record territory last week, amid a slew of corporate earnings reports and mixed commodities.

September futures on the S&P TSX index were up 0.04%.

Canadian companies that have released earnings include Canadian Utilities (CU.TO) and ATCO (ACO-X.TO).

Energy stocks are expected to trade under pressure, with crude oil down 0.80% at US$101.27 a barrel. Miners, on the other hand, may get a lift from rising gold prices that have benefited from the worsening geopolitical crisis in Russia and Ukraine, with reports of fresh rounds of European sanctions on Russia.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Commodities

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