Bay Street expected to open higher after holidays, energy stocks up with higher crude oil prices.

From Nasdaq: 2024-12-27 08:16:59

The Canadian market is expected to open higher after the Christmas holidays, with energy stocks seeing some buying due to higher crude oil prices. Sierra Metals Inc. shareholders have committed not to tender their shares in the event of a potential take-over bid. Loblaw Companies Limited has entered into a share purchase plan to repurchase shares. Asian stocks had a mixed performance, with Japanese markets leading gains while Seoul stocks tumbled. European stocks are higher, with healthcare and energy stocks among the gainers. In commodities, WTI crude oil futures are up, while gold and silver futures are lower.



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