TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (18,875.31, down 72.54 points):
Manulife Financial Corp. (TSX:MFC). Finance. Up 20 cents, or 0.84 per cent, to $24.08 on 7.2 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 27 cents, or 0.61 per cent, to $44.26 on 6.9 million shares.
Royal Bank of Canada. (TSX:RY). Finance. Up $1.10, or 1.01 per cent, to $110.21 on 6.9 million shares.
Marathon Gold Corp. (TSX:MOZ). Mining. Up three cents, or 5.05 per cent, to 52 cents on 6.6 million shares.
Whitecap Resources Inc. (TSX:WCP). Energy. Down 53 cents, or 4.72 per cent, to $10.71 on 6.2 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 63 cents, or 1.38 per cent, to $45.17 on 5.4 million shares.
Companies in the news:
Rogers Communications Inc. (TSX:RCI.B). Telecom. Down 20 cents, or 0.39 per cent, to $51.80. Rogers Communications Inc. is closing its CityNews Ottawa radio station and laying off newsroom staff, citing dwindling audiences and regulatory challenges. Rogers Sports & Media spokeswoman Charmaine Khan said the closure of the station, formerly known as 1310NEWS, is "due to low audiences, declining revenue and restrictive regulatory policies for AM radio."
Aecon Group Inc. (TSX:ARE). Construction. Down $1.27, or 12.06 per cent, to $9.26. Shares of Aecon Group Inc. fell Thursday after the company said it faced challenges with four large fixed-price legacy projects being carried out by joint ventures in which it's a partner. In reporting its third-quarter results, the company noted an operating loss related to the infrastructure projects amounting to $91.1 million, compared with an operating loss of $30.1 million related to the projects in the same period a year earlier. Overall, Aecon reported profits rose to $133.4 million or $1.63 per diluted share for the quarter ended Sept. 30, boosted by the recent sale of a 49.9-per-cent stake in Bermuda Skyport Corp. Ltd. The result compared with net income of $34.5 million or 45 cents per diluted share a year earlier.
This report by The Canadian Press was first published Oct. 26, 2023.
The Canadian Press