Published On: Mon, Mar 18th, 2019

Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange:

Toronto Stock Exchange (16,251.37, up 111.02 points).

Aurora Cannabis Inc. (TSX:ACB). Health care. Up 43 cents, or 3.35 per cent, to $ 13.26 on 36.7 million shares.

The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Up 54 cents, or 11.84 per cent, to $ 5.10 on 11.3 million shares.

Hexo Corp. (TSX:HEXO). Health care. Up 81 cents, or 10 per cent, to $ 8.91 on 9 million shares.

Article Continued Below

Manulife Financial Corp. (TSX:MFC). Financials. Up 70 cents, or 3.1 per cent, to $ 23.31 on 7.8 million shares.

Aphria Inc. (TSX:APHA). Health care. Up 83 cents, or 6.47 per cent, to $ 13.65 on 7.1 million shares.

Encana Corp. (TSX:ECA). Energy. Up 36 cents, or 3.72 per cent, to $ 10.03 on 6.5 million shares.

Companies reporting:

WestJet Airlines. (TSX:WJA). Down five cents to $ 19.59. WestJet is suspending its 2019 financial guidance following the grounding of its 13 Boeing 737 Max 8 aircraft by regulators in Canada and the United States due to safety concerns. The Calgary-based airline says its financial outlook provided as late as a month ago are being put on hold except for earnings per share, return on invested capital and cumulative free cash flow between 2020 and 2022 until more information is known.

TransAlta Corp. (TSX:TA). Up 59 cents, or 7.1 per cent to $ 8.86. TransAlta shares rose by more than five per cent Monday after a U.S. investment partnership involving Cove Key Bluescape Holdings, Bluescape Energy Partners and Mangrove Partners say they plan use their combined 10 per cent stake to press for changes that will increase the value of the Calgary utility’s shares. It says shareholder value can be improved through operational and cost efficiency, asset optimization, capital allocation and broader strategic initiatives.

Manulife Financial Corp. (TSX:MFC) — Manulife says a Saskatchewan court has ruled in its favour in its legal fight with hedge fund Mosten Investment LP over insurance contracts. Mosten had argued that under the terms of the universal life insurance policy, it could deposit an unlimited amount of money and receive an annualized guaranteed return of at least four per cent with one-month liquidity. However, Manulife says the ruling found the policy in question “does not provide for unlimited stand-alone investment opportunities within the carrier fund.”

Let’s block ads! (Why?)

TORONTO STAR

Leave a comment

Most actively traded companies on the TSX