TSX May Open Under Pressure on Falling Commodities, Japan Nuclear Worries

By Midnight Trader,  April 12, 2011, 09:12:43 AM EDT

Toronto's main stock index may open under pressure on Tuesday as commodity prices continued to back off while investors were disappointed with the kickoff of the U.S. first quarter earnings season. The Japanese agency's raising of the severity of the Fukushima Dai-ichi nuclear plant incident to level 7 may also dampen investors' sentiments.

Stocks to watch:

Altus Group Ltd. (AIF.TO) said it will acquire real estate software company Realm Solutions Inc. for US$130 million in cash and debentures.

Air Canada (AC.B-TO) plans to create a discount leisure airline to compete on routes to Europe, Mexico, the Caribbean and other popular vacation spots.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



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