Falling Oil Prices May Trouble Bay Street -- Canadian Commentary

(RTTNews) - Canadian stocks may struggle to extend gains from the previous session Monday morning, as the heavily-weighted energy sector could remain under pressure from plunging oil prices.

US crude oil prices fell near $42 a barrel, holding near 6-year lows as global supplies continued to outpace demand.

The S&P/TSX composite index gained 39.48 points to close Friday at 14,277.88

BCE Inc said on Friday it has sold its 15% stake in the Globe and Mail to the Woodbridge Company

Gold company Dalradian Resources Inc. (DNA.TO) reported a second-quarter net loss was C$1.20 million or C$0.01 per share, compared to a net loss of C$1.70 million or C$0.02 per share a year ago.

In other news:

Tribute Pharmaceuticals Canada (TRX.V): Q2 Revenue C$6.5 Mln, Up 59.1% From Prior Year

Talon Metals Corp. (TLO.TO): Unveils Sale Of Sao Jorge Royalty For C$2.5 Mln