Markets

TSX Headed for Modestly Higher Open on Stronger Oil, Metal Prices

Toronto's main stock index looked set to a slightly higher open on Friday as commodity prices advanced, led by oil and metals, in the wake of strong European economic data.

Stocks to watch:

Bridgewater Systems Corp (BWC.TO) reported a more than 80% drop in quarterly profit and slashed its full-year outlook, citing a strong Canadian dollar.

Magma Energy Corp. (MXY.TO) and Plutonic Power Corporation (PCC.TO) today announced the completion of the merger of Magma and Plutonic pursuant to a plan of arrangement.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


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

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More