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Pin to quick picksEco (atlantic) Share News (ECO)

Share Price Information for Eco (atlantic) (ECO)

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Share Price: 13.00
Bid: 12.75
Ask: 13.25
Change: 0.00 (0.00%)
Spread: 0.50 (3.922%)
Open: 12.625
High: 13.00
Low: 12.625
Prev. Close: 13.00
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CANADA STOCKS-TSX futures rise as trade war fears abate

Tue, 06th Mar 2018 12:34

March 6 (Reuters) - Canada's main stock index futures roseon Tuesday, in line with a recovery in global markets, asPresident Donald Trump's proposed tariff plans faced increasedresistance from political allies, easing some fears of a globaltrade war.

Gold stocks will be in focus as the metal's safe-havenappeal boosted demand amid uncertainties in the wake of Trump'stariffs.

March futures on the S&P TSX index were up 0.43percent at 7:15 a.m. ET.

Canada's Ivey Purchasing Managers Index is expected to bereleased 10:00 a.m. ET. The seasonally adjusted index came in at55.2 in January.

Canada's main stock index closed higher in its firstpositive session in five, as investors interpreted U.S.President Donald Trump's threats to impose tariffs on steel andaluminum imports as a negotiating tactic to get a better deal onNAFTA talks.

Dow Jones Industrial Average e-mini futures were up0.67 percent at 7:15 a.m. ET, while S&P 500 e-mini futureswere up 0.49 percent and Nasdaq 100 e-mini futureswere up 0.66 percent.

(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)

TOP STORIES

Toronto home sales slumped in February from a year ago asthe market continued to be dampened by tighter mortgage rulesand higher borrowing costs, though demand for condominiumshelped prices stabilize, data showed on Tuesday.

Canadian Prime Minister Justin Trudeau called U.S. PresidentDonald Trump on Monday about proposed steel and aluminum tariffsand "forcefully defended" Canadian workers and the industry, agovernment official said.

Bombardier Inc will sell equity to strengthen itsbalance sheet as part of a five-year turnaround plan, theCanadian plane-and-train maker said on Monday.

ANALYST RESEARCH HIGHLIGHTS

Canadian National Railway Co CIBC cuts target priceto C$108 from C$111

EcoSynthetix Inc Canaccord Genuity cuts targetprice to C$2.50 from C$3

Gibson Energy Inc BMO cuts target price to C$19from C$20

COMMODITIES AT 7:15 a.m. ET

Gold futures: $1,325.8; +0.58 percent

U.S. crude: $62.97; +0.62 percent

Brent crude: $65.86; +0.49 percent

LME 3-month copper: $7,004.5; +1.34 percent

U.S. ECONOMIC DATA DUE ON TUESDAY

1000 Durables ex-defense R mm for Jan: Prior -2.7 pct

1000 Durable goods R mm for Jan: Prior -3.7 pct

1000 Factory orders mm for Jan: Expected -1.3 pct; Prior 1.7pct

1000 Durables ex-transport R mm for Jan: Prior -0.3 pct

1000 Non defense cap ex-air R mm for Jan: Prior -0.2 pct

1000 Factory ex-transport mm for Jan: Prior 0.7 pct

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory($1= C$1.29)(Reporting by Nandi Kaul in BengaluruEditing by Saumyadeb Chakrabarty)

More News
11 Jul 2023 10:24

IN BRIEF: Eco Atlantic sells stake in block for up to USD10.5 million

Eco Atlantic Oil & Gas Ltd - oil and gas exploration company focused on offshore Atlantic Margins - Signs legally binding letter of intent under which its subsidiary, Azinam Ltd, will farm out a 6.3% participating interest in block 3B/4B to Africa Oil SA Corp, a subsidiary of Africa Oil Corp, for up to USD10.5 million. The completion of the acquisition is subject to customary conditions, including regulatory approvals from the government of South Africa and from the TSX Venture Exchange in Toronto. Upon completion, Africa Oil SA will hold a 26% interest, Azinam will hold a 20% interest and Ricocure (Propertiary) Ltd will hold the remaining 54%.

Read more
21 Mar 2023 14:48

IN BRIEF: Eco Atlantic Oil & Gas eyes exploration in Orange basin

Eco Atlantic Oil & Gas Ltd - Atlantic Margins-focused oil and gas company - Says it is applying for environmental authorisation to begin exploration activities in Block 3B/4B in the Organe Basin off the Northern Cape of South Africa. It and its joint venture partners have contracted Environmental Impact Management Services Pty Ltd of South Africa to apply for a permit to drill one well and one contingent well - and potentially up to five wells - within an area of interest in the north of the block. EIMS is also appointed to undertake the required environmental impact assessment.

Read more
9 Mar 2023 20:44

TRADING UPDATES: Castillo Copper upgrades mineral resource estimate

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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28 Feb 2023 21:05

TRADING UPDATES: Eco Atlantic swings to loss; Curtis approves takeover

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
22 Feb 2023 19:38

IN BRIEF: Eco Atlantic Oil & Gas converts 600,000 units into shares

Eco Atlantic Oil & Gas Ltd - Toronto-based oil and gas exploration company - Converts 600,000 of its restricted share units issued to directors into common shares of no par value in the company on December 28. Says application for admission to trading on AIM has been made. Expects that the admission will become effective, and trading in the shares will start on February 28, 0800 GMT. Says Chief Executive Officer Gil Holzman elected to convert 475,000 restricted share units held by him. Adds that its enlarged issued share capital will consist of 365.7 million common shares.

Read more
23 Dec 2022 18:15

TRADING UPDATES: Fiinu teams with TransUnion; GRC wins pact

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
29 Nov 2022 21:36

EARNINGS SUMMARY: ActiveOps loss narrows; Puma VCT net assets up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
18 Nov 2022 16:58

LONDON MARKET CLOSE: FTSE 100 gains capped by falling oil prices

(Alliance News) - Stock prices in London closed higher on Friday, but falling prices hit oil majors, keeping a lid on the FTSE 100's progress.

Read more
18 Nov 2022 13:22

Eco Atlantic confident despite lack of results from Gazania-1

(Sharecast News) - Oil and gas explorer and developer Eco Atlantic announced on Friday that the Gazania-1 well on block 2B, offshore South Africa, which spudded on 10 October, reached its target depth of 2,360 metres, but did not show evidence of commercial hydrocarbons.

Read more
18 Nov 2022 12:18

LONDON MARKET MIDDAY: Stocks pick up and pound firms against dollar

(Alliance News) - Stocks in London were higher by midday on Friday, managing to shake off a gloomy economic backdrop, while the pound got a boost from market acceptance of Thursday's UK government budget.

Read more
18 Nov 2022 11:16

AIM WINNERS & LOSERS: Parsley Box to exit AIM as shares wilt since IPO

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Read more
18 Nov 2022 10:17

Eco Atlantic shares fall on hydrocarbon failure at South African well

(Alliance News) - Eco Atlantic Oil & Gas Ltd on Friday said that its Gazania-1 well had reached its target depth of 2,360 metres but did not show evidence of commercial hydrocarbons.

Read more
4 Oct 2022 14:28

IN BRIEF: Eco Atlantic Oil & Gas shares up as well operations start

Eco Atlantic Oil & Gas Ltd - Toronto-based oil and gas exploration company - Starts operations on the Gazania-1 well in offshore South Africa. Says the Gazania-1 exploration well is being drilled to a depth of approximately 2,800 meters through a multizone pay section. The Gazania-1 prospect is targeting over 300 million barrels of light oil.

Read more
4 Oct 2022 13:55

Eco Atlantic starts drilling Gazania exploration well

(Sharecast News) - Oil and gas explorer Eco Atlantic announced the arrival of the 'Island Innovator' semi-submersible drilling rig on Block 2B on Tuesday, and the start of operations on the Gazania-1 exploration well.

Read more
21 Sep 2022 15:57

DIRECTOR DEALINGS: Eco Atlantic shares sold in fraud against chair

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News:

Read more

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