India, April 22 -- Canadian shares are likely to open higher on Monday amid slightly easing concerns about inflation and interest rate outlook, and easing fears of a wider Middle East conflict following Iran and Israel completing 'measured' counterattacks that were calibrated to avoid any casualties.
Weak crude oil and gold prices may weigh on energy and materials stocks and limit market's upside.
In company news, Gildan Activewear Inc (GIL.TO) has announced some changes to its board, and said it will hold an investor day in the fall to provide a "comprehensive strategic plan" to sell the company.
ARC Resources Ltd. (ARX.TO), Cenovus Energy (CVE.TO), Suncor Energy (SU.TO) and Lundin Gold Inc (LUG.TO) shares are likely to be in focus foll...