Staff of Reuters Read for 2 minutes Reuters, July 5 – Futures for Canada’s major stock index edged up on Monday, mirroring persistent rises in gold and oil prices, but volumes were expected to be light due to the extended Fourth of July weekend in the United States. At 7:00 a.m. ET, September quarter futures on the S&P/TSX index were up 0.1 percent, as spot gold and oil prices rose for the fourth and fifth consecutive sessions, respectively. On Friday, the S&P/TSX composite index of the Toronto Stock Exchange finished 0.3 percent higher at 20,226.11. HIGHLIGHTS OF ANALYST RESEARCH CIBC lifts its target price for SAGF Management Ltd from C$8.00 to C$8.50. Cormark Securities lifts the price target for Converge Technology Solutions to C$11.50 from C$11.00. Scotiabank raises its target price for Ero Copper Corp to C$27 from C$26. Cormark Securities lifts its target price for Mullen Group Ltd to C$16.00 from C$15.50. AT 7:00 A.M. ET, COMMODITIES Futures on gold: $1,792.7; +0.5% Crude oil in the United States: $75.4; +0.3% Brent crude is trading at $76.41 per barrel, up 0.3 percent. CLICK ON CODES FOR NEWS ON THE CANADIAN MARKETS: Report on the TSX Report on the Canadian dollar and bonds For Canada, Reuters conducted a global stock survey. a list of Canadian markets $1 = $1.23 in Canadian dollars Shashank Nayar contributed reporting from Bengaluru, and Shounak Dasgupta edited the piece./n
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