Tracking lacklustre prices of crude oil and gold, Canada’s main stock index closed on the green side of flat on Monday. Mining and telecom shares overcame early struggles to contribute to a broad gain across indices.

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US markets were closed for the Memorial Day holiday. However, traders have taken stock of news that a debt ceiling deal was reached over the weekend.

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The Canadian dollar traded for 73.56 cents US, compared to 73.45 cents US on Friday.

US crude futures traded $0.37 higher at $73.04 a barrel, and the Brent contract gained $0.12 to $77.07 a barrel.

The price of gold was down US$0.72 to US$ 1,943.24.

In world markets, the Nikkei was up 317.23 points to 31,233.54, the Hang Seng was down 195.81 points to 18,551.11, the FTSE was up 56.33 points to 7,627.20, and the DAX was down 31.24 points to 15,952.73.

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