Futures pointed to a higher open for Canada’s resources-heavy stock index on Tuesday, helped by a rise in precious metal prices though softer copper kept a lid on gains.
The TSX Composite sank 41.8 points to end Monday at 21,942.28.
March futures hiked 0.3% Tuesday.
The Canadian dollar added 0.12 cents 73.73 cents U.S.
RBC downgraded oil explorer Athabasca Oil to “sector perform” from “outperform”.
Enbridge said it would form a venture with WhiteWater/I Squared Capital and MPLX to operate natural gas pipeline and storage assets connecting Permian Basin supplies to the U.S. Gulf Coast.
Gaming firm Bragg Gaming missed quarterly revenue expectations and posted a net loss.
ON BAYSTREET
The TSX Venture Exchange plummeted 5.41 points, or 1%, Monday to 546.90.
ON WALLSTREET
U.S. stock futures were higher Tuesday morning, as investors tried…
