Lower Open Foreseen in Toronto

Stock futures pointed to a slightly lower opening in Toronto on Monday as oil and commodity prices weakened.

The S&P/TSX Composite Index successfully forged ahead 6.2 points to close the day and the week at 15,416.93. June futures docked 0.1% early Monday.

The Canadian dollar eased 0.02 cents to 74.34 cents U.S. early Monday.

Fairfax Financial Holdings plans to sell a 12.2% stake in its Indian joint venture insurer ICICI Lombard in a deal that will value the company at 203 billion rupees, according to the Indian company.

Raymond James cut the rating on Blackberry Ltd. to market perform from outperform

National Bank of Canada raised the price target on Sandvine Corp. to $4.50 from $3.25

ON BAYSTREET

The TSX Venture Exchange climbed 8.73 points, or 1.1%, Friday to 808.59

ON WALLSTREET

Markets are closed in the U.S. for Memorial Day


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