TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,193.33, down 59.31):
Suncor Energy Inc. (TSX:SU). Energy. Down $1.09, or 2.40 per cent, to $44.35 on 28.2 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 30 cents, or 0.58 per cent, to $51.25 on 13 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 22 cents, or 0.82 per cent, to $26.94 on 10.6 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Down five cents, or 0.55 per cent, to $9.03 on 9.7 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down 51 cents, or 2.27 per cent, to $21.96 on 8.3 million shares.
Auxly Cannabis Group (TSX:XLY). Health care. Up half a cent, or 25 per cent, to 2.5 cents on 7.7 million shares.
Companies in the news:
Gildan Activewear Inc. (TSX:GIL). Up $2.24, or 5.78 per cent, to $41. Gildan Activewear Inc. is predicting single-digit revenue growth for this year as it faces short-term economic challenges, but is optimistic about its longer-term outlook. The Montreal-based company raised its dividend Wednesday and said that it is poised to benefit from clothing industry trends over the long term including the "casualization of apparel," the interest in private-label products and the creator economy. The increased payout to shareholders comes as the company, which keeps its books in U.S. dollars, reported its profit and sales fell compared with a year earlier.
Freshii Inc. (TSX:FRII). Down one cent, or 0.43 per cent, to $2.29. The sale of Freshii Inc. to Montreal-based Foodtastic Inc. is complete. In a deal originally announced in December, the healthy fast-food chain said Foodtastic has acquired all of its voting shares at $2.30 per share. The shares are expected to be delisted from the Toronto Stock Exchange by Thursday. Freshii joins Second Cup, Pita Pit, Milestones and other well-known food brands under the Foodtastic umbrella.
This report by The Canadian Press was first published Feb. 22,2023.
The Canadian Press
