Gold futures : $1,957.3; +0.1% US crude : $73.1; +0.3% Brent crude : $78.41; +0.3% FOR CANADIAN MARKETS NEWS, CLICK ON CODES: TSX market report Canadian dollar and bonds report Reuters global stocks poll for Canada Canadian markets directory ($1 = 1.3677 Canadian dollars) (Reporting by Johann M Cherian in Bengaluru; Editing by Shailesh Kuber)
March 28 (Reuters) - Canada's main stock index was set for a slightly
high open on Tuesday tracking gains in crude oil prices, amid expectations that
the worst was over for the global financial system.
March futures on the S&P/TSX index were up 0.1% at 7:26 a.m. ET.
Contracts tied to oil prices extended gains from the previous session amid
supply disruption risks from Iraqi Kurdistan. Among stocks, Lundin Mining Corp said it would buy a majority stake
in Chile's Caserones copper mine for about $950 million to expand the Canadian
miner's exposure to the red metal crucial for the green energy transition.
Brokerage J.P.Morgan raised its price target levels for Bombardier Inc stating that the business jet maker had made considerable progress in
shoring up its balance sheet, leaving it less vulnerable to the macro
environment.
Crescent Point Energy Corp said it would acquire Spartan Delta
Corp's oil and liquids-rich Montney assets in Alberta for C$1.7 billion
($1.24 billion) in an all-cash deal.
In the previous session, the Toronto Stock Exchange's S&P/TSX composite
index ended 0.6% higher aided by gains in energy and financial stocks. Dow e-minis were up 25 points, or 0.08%, at 7:26 a.m. ET, while S&P
500 e-minis remained unchanged and Nasdaq 100 e-minis were down
6.75 points, or 0.05%. COMMODITIES AT 7:00 a.m. ET
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