TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,873.29, down 299.05 points.)
Barrick Gold Corp. (TSX:ABX). Materials. Down 98 cents, or 4.6 per cent, to $20.17 on 12 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 36 cents, or 0.8 per cent, to $44.73 on 10 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down 27 cents, or 1.15 per cent, to $23.26 on 9.3 million shares.
Toronto-Dominion Bank (TSX:TD). Financials. Up 81 cents, or 0.94 per cent, to $86.87 on 7.1 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 46 cents, or 0.62 per cent, to $74.16 on 6.6 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 52 cents, or 0.91 per cent, to $56.80 on six million shares.
Companies in the news:
CWB Financial Group (TSX:CWB). Down 58 cents, or 2.18 per cent, to $25.99. CWB Financial Group said Friday that earnings were hit in the last quarter as it set aside more funds for bad loans and saw its interest margin dip, but that it also saw loan growth as it continues its expansion into Ontario. The Edmonton-based bank said it earned $80.8 million in common shareholders’ net income or 88 cents per diluted share for the quarter ended July 31, down from $86.3 million or 98 cents per diluted share a year ago. Profits were hit as the bank set aside $13.5 million for potential credit losses, up from $8.9 million a year ago, as it prepared for a potential downturn ahead. The bank also saw its net interest margin drop eight basis points this quarter compared with last year, while most Canadian banks reported gains as they have raised interest rates on their products.
This report by The Canadian Press was first published Aug. 26, 2022.