Markets

TSX May Open Lower As Libya Tension Trigger Global Stocks Sell-Off

Toronto's main stock index may open under pressure on Tuesday as a revolt in Libya triggered a sell-off in global stocks, though the resulting spike in oil prices was expected to boost shares of energy companies, according to Reuters.

Stocks to watch:

Gammon Gold Inc (GAM.TO) said on Tuesday that it is in advanced discussions with its union at the El Cubo gold mine in Mexico, in a bid to end an 8-month strike at the site.

Niko Resources Ltd (NKO.TO) said on Tuesday it was granted an option to increase its stake in three blocks in India operated by Reliance Industries Ltd.

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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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