TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,104.48, up 121.56 points.)
Manulife Financial Corp. (TSX: MFC). Financials. Up 21 cents, or 0.94 per cent to $22.68 on 11.3 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up $1.08, or 1.95 per cent, to $56.49 on 9.8 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Up 13 cents, or 6.2 per cent, to $2.24 on eight million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up $1.12, or 2.8 per cent, to $40.90 on 6.8 million shares.
TC Energy Corp. (TSX:TRP). Energy. Up $1.80, or 2.6 per cent, to $70.43 on 6.6 million shares.
Toronto-Dominion Bank (TSX:TD). Financials. Up 44 cents, or 0.54 per cent, to $82.47 on 6.4 million shares.
Companies in the news:
Rogers Communications Inc. (TSX:RCI.B). Down 12 cents to $60.27. Rogers Communications Inc. faced questions from MPs about whether a lack of competition in the telecom sector might have contributed to the massive Rogers outage earlier this month, which came as the company awaits government approvals for its purchase of Shaw Communications Inc. Rogers says it “failed to deliver” on a promise of reliable service and will split its wireless and wireline networks, spending at least $250 million to do so. On Sunday, Rogers announced plans to invest $10 billion over the next three years on such things as oversight, testing and artificial intelligence. Rogers is scheduled to report its latest quarterly earnings on Wednesday before the market opens.
Bank of Montreal (TSX:BMO). Up $1.11 to $126.40. BMO Financial Group says it has hired 13 investment professionals for its Global Asset Management division as it looks to boost its portfolio management capabilities in Canada.The bank says the hires have a long history of collaborating as a team as they collectively managed $20 billion in assets. BMO has now hired more than 50 investment professionals as part of its expansion push. Last year, BMO sold its European asset management business to Ameriprise Financial Inc. for $1.09 billion as it refocused growth on North America.
This report by The Canadian Press was first published July 25, 2022.