Markets

TSX Likely to Open Under Pressure As Euro Zone Doubts Linger

Toronto's main stock index looked set to open lower on Monday, dragged down by falling commodity prices as the initial enthusiasm over a European Union deal to tackle its debt crisis faded, according to Reuters.

Stocks to watch:

Encana Corp. (ECA.TO) will sell Alberta natural gas assets to the gas-distribution unit of Centrica Plc for C$58 million and some other properties, extending a string of sales as Encana grapples with low gas prices.

Suncor Energy (SU.TO) said on Sunday it was withdrawing from Syria as a result of sanctions announced by the European Union on December 2.

Sun Life Financial (SLF.TO) will stop marketing variable annuity and individual life insurance products in the United States by the end of the year to focus on growing its U.S. group insurance and employee benefits business.

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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.

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