TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (17,621.78, up 21.92 points.)
Encana Corp. (TSX:ECA). Energy. Unchanged at $5.19 on 97.4 million shares.
AltaGas Ltd. (TSX:ALA). Energy. Up 37 cents, or 1.86 per cent, to $20.25 on 17.5 million shares.
Brookfield Property Partners LP. (TSX:BPY.UN). Real Estate. Down 20 cents, or 0.78 per cent, to $25.50 on 15.1 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Down five cents, or 3.91 per cent, to $1.23 on 11.1 million shares.
Gran Tierra Energy Inc. (TSX:GTE). Energy. Down three cents, or 2.08 per cent, to $1.41 on 9.8 million shares.
Aurora Cannabis Inc. (TSX:ACB). Health care. Up five cents, or 1.87 per cent, to $2.73 on 6.4 million shares.
Companies in the news:
Birchcliff Energy Ltd. (TSX:BIR). Down 26 cent or 12.7 per cent to $1.79. Shares in natural gas producer Birchcliff Energy Ltd. fell by as much as 13.7 per cent on Thursday after it announced a higher-than-expected $350-million 2020 capital spending budget. In its updated five-year plan released Wednesday after markets closed, Birchcliff says it aims to grow production to 96,500 barrels of oil equivalent per day by the end of 2021 to better utilize and realize more profits from its Pouce Coupe natural gas processing plant in northeastern B.C. It says it will budget to spend between $340 million and $360 million this year to boost output by about 13 per cent to about 88,000 boe/d in the fourth quarter.
Air Canada. (TSX:AC). Down 26 cents to $48.42. A deadly new virus that emerged in China is raising concerns beyond the public health sphere as experts warn about the potential economic cost of a global outbreak that is already drawing comparisons to the SARS epidemic 17 years ago. Stock markets around the world initially fell Thursday as health authorities around the world rushed to monitor and contain the outbreak and keep it from spreading globally. They recovered after the WHO said it doesn’t expect an international crisis. The travel sector has already started to feel the hit as shares of four North American airlines that fly to China, including Air Canada, fell on Tuesday amid growing anxiety about the viral infection.
This report by The Canadian Press was first published Jan. 23, 2020.
The Canadian Press
