Futures Point Higher Again – MENAFN.COM

  • Date: 22-Jul-2021
  • Source: MENAFN
  • Sector:Economy
  • Country:Gulf
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Futures Point Higher Again – MENAFN.COM

(MENAFN - Baystreet. ca) Futures Point Higher Again CGI, Premium in Focus Futures for stocks in Canada's largest market tracked crude oil prices higher on Thursday, although the gains were capped by weakness in bullion prices and risks from surging COVID-19 cases around the world. The TSX Composite index climbed 167. 34 points to close Wednesday at 20, 110. 05. The Canadian dollar eked higher 0. 10 cents to 78. 64 cents U. S. September futures improved 0. 3% Thursday. National Bank of Canada raised the target price on CGI to $135. 00 from $120. 00CIBC raised the target price on Premium Brands Holdings to $127. 00 from $120. 00JP Morgan raised the target price on Rogers Communications to $78. 00 from $72. 00Washington extended the closure of land borders with Canada and Mexico to non-essential travel such as tourism through Aug. 21 even as officials debate whether to require visitors to have received a COVID-19 vaccine. ON BAYSTREET The TSX Venture Exchange rocketed 18. 66 points, or 2. 1%, Wednesday to 908. 52ON WALLSTREET U. S. stock index futures were higher on Thursday as stable bond yields continued to give the green light to investors to buy stocks following