Stocks

Vibrant Trading Activity on the Toronto Stock Exchange Highlighted by Key Financial and Energy Shares

Published January 12, 2024

The Toronto Stock Exchange (TSX) experienced a bustling trading day with notable activity in both finance and energy sectors. Among the most traded companies, Toronto-Dominion Bank (TD) and Manulife Financial Corp were prominent in the financial space, while Fission Uranium Corp and TC Energy Corp led in energy.

Fluctuations in the Financial Sector

Toronto-Dominion Bank (TSX:TD) saw its shares dip slightly by 0.38% to $80.49, with 15.2 million shares exchanging hands. In a similar movement, Manulife Financial Corp (TSX:MFC) witnessed a modest decline of 0.56% closing at $28.61 with 8.1 million shares traded.

Energy Shares Showing Movement

In the energy segment, Fission Uranium Corp (TSX:FCU) enjoyed an 8.77% increase as its stock price rose to $1.24, spurred by the trading of 6.3 million shares. TC Energy Corp (TSX:TRP) also experienced a gain, albeit more conservative at 0.32%, ending at $52.91 with 5.6 million shares in play.

Other Notable Trades

With extensive trading activity also occurring outside the aforementioned sectors, Bitfarms Ltd. (TSX:BITF) and Cenovus Energy Inc. (TSX:CVE) were of interest. Bitfarms Ltd faced a notable drop of 6.63% to $3.24 on a volume of 5.5 million shares. Similarly, Cenovus Energy suffered a 1.69% decrease to $20.92, matching the number of shares traded.

Aside from daily trading dynamics, certain companies made the news with significant developments. Corus Entertainment Inc. (TSX:CJR.B) saw a substantial 23.29% jump to 90 cents, while Canada Nickel Co. (TSX:CNC) advanced 6.33% to $1.68 on the back of a strategic investment announcement involving Samsung SDI Co. Ltd.

trading, finance, energy