TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,891.65, down 131.81):
Suncor Energy Inc. (TSX:SU). Energy. Up two cents, or 0.05 per cent, to $42.18 on 15.7 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Up 24 cents, or 2.60 per cent, to $9.49 on 11.7 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down 24 cents, or 0.98 per cent, to $24.18 on 10 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down seven cents, or 0.30 per cent, to $23.59 on 7.9 million shares.
TC Energy Corp. (TSX:TRP). Energy. Down $1.19, or 2.03 per cent, to $57.40 on 7.2 million shares.
BCE Inc. (TSX:BCE). Telecom. Down $1.38, or 2.19 per cent, to $61.74 on 6.8 million shares.
Companies in the news:
Rogers Communications Inc. (TSX:RCI.B). Up 99 cents, or 1.64 per cent, to $61.38; and Shaw Communications Inc. (TSX:SJR.B). Up 31 cents, or 0.85 per cent, to $36.73. A lawyer for Shaw Communications Inc. said the Competition Bureau's case against the company's proposed merger with Rogers Communications Inc. is built on false assumptions and not based in reality. Kent Thomson said in closing arguments Wednesday at a Competition Tribunal hearing that the assumptions and evidence about the market share of Shaw's mobile operations put forth by the regulator and the prospects for future profitability of the business don't stand up to the evidence. He focused on the conclusions of Nathan Miller, a Georgetown University professor who compiled a report opposing the deal, which the regulator cited in its closing arguments. Thomson said Miller considerably inflated the market share of Shaw's mobile division in his report, which helped form the basis of his opposition.
This report by The Canadian Press was first published Dec. 14, 2022.
The Canadian Press
