CANADA STOCKS-TSX futures point higher start for Canadian stocks
May 26 (Reuters) - Stock futures for Canada's main stock index indicated a positive start for the week with June futures on the S&P TSX index <0#SXF:> up 0.15 percent at 0715 ET.
No economic data is due for release.
The index was little changed on Friday as shares of energy producers got a boost from higher oil prices, offsetting a decline in the mining-heavy materials sector.
Sun Life Financial, Canada's third biggest insurer, is boosting investment in Indonesia and Malaysia at a time when growth in earnings from some core Asian markets has slowed.
When Valeant Pharmaceuticals International Inc raises its offer for Allergan Inc as it has indicated it will, it needs to hit the range of $180 to $200 per share, according to a JPMorgan survey of investors.
COMMODITIES AT 0715 ET
Gold futures : $1,291.9; 0.02 pct
US crude : $104.08; -0.26 pct
Brent crude : $109.94; -0.54 pct
LME 3-month copper : $6,927.85; +0.77 pct
ANALYST RESEARCH HIGHLIGHTS
Callidus Capital Corp : Canaccord Genuity starts rating with buy
Industrial Alliance Insurance : Canaccord Genuity starts rating with hold
Sun Life Financial : Canaccord Genuity starts rating with buy
U.S. ECONOMIC DATA DUE ON MONDAY
Markets remain closed in observance of Memorial Day
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($1= $1.09 Canadian)