Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,353.45, up 51.54 points).
Whitecap Resources Inc. (TSX:WCP). Energy. Down 12 cents, or 2.9 per cent, to $4.02 on 13.4 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up 22 cents, or 10.09 per cent, to $2.40 on 12.2 million shares.
RNC Minerals. (TSX:RNX). Materials. Up five cents, or 10.9 per cent, to 51 cents on 7.6 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 31 cents, or 0.67 per cent, to $45.94 on 7 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down nine cents, or 0.39 per cent to $23.23 on 6.1 million shares.
Trevali Mining Corp. (TSX:TV). Materials. Down 1.5 cents, or 5.56 per cent, to 25.5 cents on 5.5 million shares.
Companies in the news:
SNC-Lavalin Group Inc. (TSX:SNC). Up 38 cents to $25.90. SNC-Lavalin says its Atkins business has won a contract to design track upgrades for Network Rail in the United Kingdom. The company says work that is worth up to about $500 million in revenue is expected to begin in August. Atkins will do the work as part of the Central Rail Systems Alliance, which includes Balfour Beatty and TSO. The group perform upgrades across London North West, London North East and East Midland routes for the next decade.
Loblaw Co. (TSX:L). Up 62 cents to $70.04. The vice-president of business development at Shoppers Drug Mart says blockchain technology can provide assurance for doctors and pharmacists about the quality of medical cannabis. Ken Weisbrod says his company, part of Loblaw Companies Ltd. has signed a deal with TruTrace Technologies for a pilot program to provide the software to track medical cannabis from seed to final product. He said the source of medical cannabis must be traceable and accountable for patients and practitioners to feel confident about it as a treatment.
Scotiabank (TSX:BNS). Up two cents to $70.61. We The North mania spread across Canada as the Toronto Raptors created history as the first Canadian team to win an NBA championship, and businesses attempted to capitalize on the frenzy. Some came out on top earning the goodwill of fans, while others garnered negative publicity. Scotiabank paid a whopping $800-million in 2017 for the naming rights to the arena where the Raptors play. The deal later expanded to include its subsidiary, Tangerine, becoming the official bank of the basketball team. On playoff game days and the day after, Tangerine experienced a 50 per cent spike in website traffic and saw a 20 per cent jump in the number of customers who signed up for an account, said Scotiabank spokesman Doug Johnson.
The Canadian Press