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Stocks Flat to Begin Week


Equity markets in Toronto eased on Monday as issues over an increase in coronavirus infections globally led buyers maintain again on trades, whereas Brookfield Business Partners jumped after it introduced the takeover of a U.S. primarily based automobile components maker.

The TSX Composite index misplaced 19.34 factors to start Monday and the week at 20,206.77.

The Canadian greenback dropped 0.14 cents to 80.93 cents U.S.

As for Brookfield, its inventory rose 64 cents, or 1.1%, to $57.53, after it mentioned it could purchase U.S. automobile components maker DexKo Global from personal fairness agency KPS Capital Partners LP for $3.4 billion.

CIBC raises goal value on AGF Management to $8.50 from $8.00.

Cormark Securities raised the value goal on Converge Technology Solutions to $11.50 from $11.00. AGF shares gained 12 cents, or 1.5%, to $8.05.

Scotiabank raised the goal value on Ero Copper to $27.00 from $26.00. Ero shares gained 38 cents, or 1.5%, to $25.88.

Cormark Securities raises goal value on Mullen Group to $16.00 from $15.50. Mullen shares gave again 5 cents to $13.42.

Oil costs gained 14 cents to $75.30 U.S. a barrel.

Gold costs picked up $8.80 to $1,792.10 U.S. a pound

ON BAYSTREET

The TSX Venture Exchange fell 0.28 factors from Friday’s end to 968.11

Eight of the 12 TSX subgroups have been decrease Monday, with power falling 0.7%, shopper staples retreating 0.4%, and health-care paler by 0.3%.

The 4 gainers have been led by utilities, up 0.1%, supplies, nosing up 0.04%, and shopper discretionary shares, eking up 0.03%,

ON WALLSTREET

American markets are closed for the Fourth of July vacation.

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