TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,428.30, up 192.17 points.)
VIVO Cannabis Inc. (TSX:VIVO). Health care. Down 5.5 cents, or 30.56 per cent, to 12.5 cents on 12.4 million shares.
Toronto-Dominion Bank (TSX:TD). Financials. Up 13 cents, or 0.21 per cent, to $63.41 on 12 million shares.
Bank of Nova Scotia (TSX:BNS). Financials. Up 72 cents, or 1.29 per cent, to $56.67 on 11.7 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 62 cents, or 2.87 per cent, to $22.26 on 5.7 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up nearly one cent, or 1.78 per cent, to $5.15 on 5.4 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 36 cents, or 2.26 per cent, at $16.30 on 5.1 million shares.
Companies in the news:
Artis Real Estate Investment Trust (TSX:AX.UN). Up 23 cents, or 2.73 per cent, at $8.65. Private equity firm Sandpiper Group wants to cut costs and increase distributions if it wins its fight to replace the board at Artis Real Estate Investment Trust. The firm is seeking support for its plan to replace the Artis board with its own slate of five nominees, including Sandpiper chief executive Samir Manji. Artis has said it has received the request for a unitholder meeting and its reviewing it with its advisers. Artis proposed a plan last month that would see it spin off its retail portfolio into a new real estate trust and focus on its North American industrial and office businesses. Sandpiper opposes the plan, and says the spinoff REIT comes at a time when retail is facing significant headwinds and retail real estate businesses are trading at significant discounts to their underlying value.
This report by The Canadian Press was first published Oct. 6, 2020.
The Canadian Press