Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,088.27, down 182.58 points.)
Suncor Energy Inc. (TSX:SU). Energy. Down 92 cents, or 2.2 per cent, to $40.88 on 20.1 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 63 cents, or 1.16 per cent, to $53.68 on 14.2 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down nine cents, or 0.46 per cent, to $19.49 on 11.5 million shares.
Great-West Lifeco Inc. (TSX:GWO). Financials. Down 39 cents, or 1.26 per cent, to $30.63 on 11.2 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down 29 cents, or 1.29 per cent, to $22.28 on 10.2 million shares.
TC Energy Corp. (TSX:TRP). Energy. Down $1.18, or 1.87 per cent, to $61.93 on 8.3 million shares.
Companies in the news:
Indigo Books & Music Inc. (TSX:IDG). Down 11 cents, or 4.09 per cent, to $2.58. The company announced Peter Ruis had been promoted to chief executive, replacing founder Heather Reisman, as the retailer grapples with changing consumer habits after two pandemic years. The company announced Tuesday that Reisman will become executive chair and will remain "deeply involved" in the business. Ruis was president of Toronto-based Indigo before taking over the top job on Monday.
Imperial Oil (TSX:IMO). Down 96 cents, or 1.49 per cent, to $63.31. The company said it had reached a deal with a U.S.-based industrial gas company to supply low-carbon hydrogen for its proposed renewable diesel complex near Edmonton. The deal will see Pennsylvania-based Air Products, which is building a hydrogen facility near Edmonton, supply hydrogen via pipeline to Imperial's Strathcona refinery. The hydrogen will be used together with locally grown vegetable oils to produce low-carbon diesel fuel.
Turquoise Hill Resources Ltd. (TSX:TRQ). Up 95 cents, or 2.35 per cent, to $41.29. The company signed a definitive agreement that will see Rio Tinto acquire the 49 per cent stake in the miner it does not already own. The deal follows an agreement in principle the companies reached last week. Under the plan, Rio Tinto will pay $43 per share in cash for the shares in the company it does not already hold.
Centerra Gold Inc. (TSX:CG). Unchanged at $5.91. The mining company said Paul Wright has been named interim president and chief executive. Wright replaces Scott Perry in the top job while the board works to find a permanent chief executive. Wright has served as a director of Centerra since May 2020.
This report by The Canadian Press was first published Sept. 6, 2022.
The Canadian Press
