Image Credits: Reuters
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Nov 6, 09:43 AM ET
The Toronto Stock Exchange saw active trading across several major Canadian stocks.
Suncor Energy led the TSX in trading volume, with 9.886 million shares traded, as its stock price rose 0.17% to close at CAD 53.18; and with a relative volume of 2.98. The company holds a CAD 67.54 billion market cap and maintains a P/E ratio of 9.12, with an EPS of CAD 5.83. Its trailing twelve-month (TTM) EPS growth stands at 27.86%, with a dividend yield of 4.10%.
Enbridge Inc., a major player in industrial services, saw a volume of 8.725 million shares, closing at CAD 56.80 with a 0.07% gain, and with a relative volume of 1.19. The company’s market cap is CAD 123.708 billion, and it has a P/E ratio of 19.35. Enbridge reported an EPS of CAD 2.94 with a robust TTM EPS growth of 95.87% and a high dividend yield of 6.40%.
The Bank of Montreal’s stock closed at CAD 126.33, up 0.89%, with a trading volume of 3.722 million shares and a relative volume of 0.79. The financial sector giant has a CAD 92.147 billion market cap and a P/E ratio of 14.64. BMO’s EPS is CAD 8.63, and the stock offers a dividend yield of 4.84%, appealing to income-focused investors.
The Royal Bank of Canada saw 2.605 million shares traded, with a modest 0.23% gain, closing at CAD 170.42. Its market cap of CAD 240.668 billion makes it one of the most significant financial entities on the TSX. The bank has a P/E ratio of 15.17 and an EPS of CAD 11.24, offering a 3.29% dividend yield.
Telecommunications giant BCE Inc. had a trading volume of 9.07 million, though it saw a 1.36% decline in share price to CAD 39.92. Its relative volume of 2.21 indicates strong activity, despite the dip. BCE’s market cap stands at CAD 36.418 billion, with a P/E ratio of 18.57. The company’s EPS growth was down by 14.63%, but it continues to offer a high dividend yield of 9.92%, making it a choice for dividend-seeking investors.
The Bank of Nova Scotia traded 4.472 million shares, closing at CAD 73.52, down 0.30%. The stock’s relative volume of 0.96 shows typical activity levels. BNS holds a market cap of CAD 90.398 billion, a P/E ratio of 12.93, and an EPS of CAD 5.69. Its dividend yield is 5.77%, which has kept it attractive in the financial sector.
The Toronto-Dominion Bank saw its stock rise 0.72% to CAD 77.09, with a trading volume of 3.828 million and a relative volume of 0.53. TD’s market cap of CAD 134.746 billion is among the largest in the finance sector. With a P/E ratio of 18.19 and EPS of CAD 4.24, TD also offers a dividend yield of 5.29%.
Sun Life Financial gained 3.21%, closing at CAD 79.94 on a volume of 3.299 million shares, with a relative volume of 1.85. This insurance giant has a market cap of CAD 46.171 billion, a P/E ratio of 13.08, and an EPS of CAD 6.11. The stock has shown TTM EPS growth of 9.31% and offers a dividend yield of 3.98%.
Manulife Financial saw a modest rise of 0.41%, closing at CAD 41.49, with a volume of 4.455 million shares. Its relative volume of 0.77 and CAD 73.779 billion market cap reflects steady investor interest. Manulife’s P/E ratio is 17.61, with an EPS of CAD 2.36 and a dividend yield of 3.77%, despite an EPS decline of 17.71%.
CIBC’s stock increased by 0.35%, ending at CAD 88.23 on a volume of 2.041 million shares. With a relative volume of 0.85, the bank remains a stable choice among Canadian financial stocks. It holds a CAD 82.695 billion market cap, a P/E ratio of 12.78, and an EPS of CAD 6.90, offering a 4.08% dividend yield.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Stock market data is subject to change, and past performance does not guarantee future results.