India, June 19 -- Canadian markets might remain cautious on Thursday as geopolitical unrest in Middle East is continuing. On Wednesday's trading, TSX climbed 18.46 points or 0.07 percent to finish at 26,559.85.
The U.S. market is closed on Thursday. Asian stocks ended mostly lower. The dollar was firm, oil prices rose about 1 percent, and gold prices were below $3,360 per ounce.
The Canadian dollar weakened against major currencies.
In the corporate sector, Bank of Montreal signed a definitive agreement to buy Burgundy Asset Management Ltd. for around $625 million, payable in BMO shares. The acquisition is expected to close by the end of calendar 2025.
Empire Co. Thursday announced an increase in fourth quarter net earnings to C$173 mil...