TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,475.42, up 99.94 points.)
Enbridge Inc. (TSX:ENB). Energy. Up 33 cents, or 0.67 per cent, to $49.67 on 15.4 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up 12 cents, or 7.5 per cent, to $1.72 on 14.4 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 63 cents, or 2.6 per cent, to $25.19 on 12.3 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 24 cents, or one per cent, to $24.71 on 5.7 million shares.
Kinross Gold Corp. (TSX:K). Materials. Down 17 cents, or 2.1 per cent, to $7.76 on 4 million shares.
Toronto-Dominion Bank. (TSX:TD). Financials. Up $1.08, or 1.29 per cent, to $84.78 on 3.4 million shares.
Companies in the news:
Magna International Inc. (TSX:MGA). Industrials. Down 74 cents, or 0.9 per cent, on 2.1 million shares. The auto-parts giant revised down its revenue forecast for the year due to an expected reduction in global light vehicle production caused by ongoing semiconductor chip shortages. Magna is forecasting that 14.4 million North American light vehicles will be built this year, down 7.7 per cent from its previous forecast, while it reduced its European production forecast by 2.2 per cent to 18.1 million units. As a result, it has reduced its forecast for net income by US$200 million to between US$2 billion and US$2.2 billion.
Canopy Growth Corp. (TSX:WEED). Healthcare. Up 19 cents, or 0.79 per cent, to $24.15 on 1.3 million shares. The cannabis producer said it earned $392.4 million or 84 cents per diluted share in its latest quarter, compared with a loss of 30 cents per share or $108.5 million a year earlier. Executives said in an analyst call that their market share of the cannabis market softened in the first quarter, especially in the vapes and gummies categories from temporary store closures due to the COVID-19 pandemic, internal supply issues and execution challenges.
This report by The Canadian Press was first published August 6, 2021.
The Canadian Press
