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TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (18,947.85, down 38.64 points):
Enbridge Inc. (TSX:ENB). Energy. Up 39 cents, or 0.88 per cent, to $44.53 on 10.5 million shares.
Toronto-Dominion Bank. (TSX:TD). Finance. Up nine cents, or 0.12 per cent, to $76.92 on 10.0 million shares.
TC Energy Corp. (TSX:TRP). Energy. Up 66 cents, or 0.41 per cent, to $47.39 on 8.7 million shares.
Royal Bank of Canada. (TSX:RY). Finance. Down $1.27, or 1.15 per cent, to $109.11 on 9.5 million shares.
Canopy Growth Corp. (TSX:WEED). Health care. Down 12 cents, or 13.79 per cent, to 75 cents on 7.2 million shares.
Manulife Financial Corp. (TSX:MFC). Finance. Down two cents, or 0.08 per cent, to $23.88 on 6.0 million shares.
Companies in the news:
Canadian National Railway Co. (TSX:CNR). Transportation. Up $1.58, or 1.09 per cent, to $146.57. Canadian National Railway Co. reported a drastic drop in profits for the three months ended Sept. 30, citing falling consumer demand, fallout from the B.C. port workers strike and a raft of forest fires and floods. Overstocked inventories and dockworkers’ 13-day job action in July dented its cargo volumes and revenue, as did ravenous wildfires and floods at both ends of the country. Net income in CN’s third quarter fell 24 per cent from a year earlier, the company said in an earnings release after the bell on Tuesday.
First Quantum Minerals Ltd. (TSX:FM). Mining. Down 88 cents, or 2.97 per cent, to $28.72. First Quantum Minerals Ltd. reported US$325 million in net earnings attributable to shareholders for the third quarter, up from US$113 million a year earlier. Sales revenues totalled US$2.0 billion, up from US$1.7 billion. CEO Tristan Pascall said production continued to improve during the third quarter at each of the company’s three main copper operations.
This report by The Canadian Press was first published Oct. 25,2023.
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