TSX Likely to Open Higher As Libya Optimism Lifts Oil

Toronto's main stock index looked set to open higher on Monday, rebounding from previous session's sell-off, as hopes for an imminent end to the conflict in OPEC-member Libya signal a rally by Canadian energy shares, according to Reuters.

Stocks to watch:

Mercator Minerals (ML.TO) said it has modified a shareholder rights plan to bring it in line with current standards recommended by proxy advisory firm ISS.

Endeavour Mining Corp (EDV.TO) agreed to buy Australia's Adamus Resources in a deal valued at about C$313.4 million, to create a West Africa-focused gold producer.

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