TSX

Brookfield Business Partners (TSX:BBUC) is drawing attention as hopes for a rebound in the stock run into questions about its fair value. Commentary suggests that while investors may be banking on a recovery, valuation analysis indicates the shares may not be as cheap as optimists assume, tempering expectations for a near-term turnaround.

WELLSTAR, a subsidiary of WELL Health Technologies, has received conditional approval for a listing on the TSX Venture Exchange and has filed its filing statement. The move is a step toward a public listing for the health company's subsidiary. WELL Health, the Canadian digital health firm, has not announced further details in the announcement.

Canadian stock futures edged higher as investors awaited a closely watched US labor-market report. Traders see the jobs numbers as a key signal for the direction of interest rates, keeping markets cautious. Canada's main index was set for a modestly positive open, with moves limited until the data is released.

Enerflex Ltd., the Calgary-based energy infrastructure company trading on the NYSE and TSX under the ticker EFXT, is seeing attention on its stock price, quotes and trading history. Investors are checking the latest news and market data on the company, which provides services to the natural gas industry. No specific company announcement appears to be driving the interest.

Canada's main stock index trimmed its weekly losses as investors scaled back expectations of further interest rate hikes by the US Federal Reserve. Reduced bets on Fed tightening supported equities in Toronto, helping the TSX recover part of its decline as markets reassessed the outlook for borrowing costs.