TSX May Open Higher As Miners Get a Lift from China Data
Toronto's main stock index is likely to open higher on Tuesday after Chinese factory data came in less gloomy than feared, signaling further demand growth for Canadian-listed miners, according to Reuters.
Stocks to watch:
Bank of Montreal's (BMO.TO) third quarter profit rose 18% due to stronger capital markets revenue and a recent acquisition.
Timmins Gold Corp (TMM.TO) said drilling at its open pit gold mine in Sonora, Mexico, showed that there were additional mineralized zones at the site.
Cenovus Energy Inc (CVE.TO) has started up the third phase of its Christina Lake oil sands project as part of its long-term expansion of steam-driven developments.
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