Image Credits: Financial Times
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At 9:44 AM ET, Enbridge Inc. (ENB) led Canadian stocks by trading volume, showing a price increase of 1.55% to reach 58.81 CAD. This energy company holds a market cap of 128.086 billion CAD, a significant value reflecting its steady market position. Also among the top stocks by volume was the Royal Bank of Canada (RY), which rose by 0.91% to 172.66 CAD, with an impressive market cap of 243.831 billion CAD.
Tourmaline Oil Corp. (TOU) fell 3.01% to 63.16 CAD. Despite the decline, Tourmaline maintains a solid market cap of 23.453 billion CAD. Additionally, Bank of Montreal (BMO), one of Canada’s largest banks, recorded a slight decline of 0.46% to 129.21 CAD but remains robust with a market cap of 94.248 billion CAD.
Meanwhile, BCE Inc. (BCE), a major communications company, experienced a 2.80% drop to 38.94 CAD and holds a market cap of 35.524 billion CAD, reflecting investor caution in the sector. However, Suncor Energy Inc. (SU), another key player in energy, ticked up by 0.42% to 54.89 CAD, with a sizable market cap of 69.712 billion CAD.
Manulife Financial Corp. (MFC) gained momentum with a 2.73% rise to 44.76 CAD, backed by a substantial market cap of 79.594 billion CAD. The Toronto-Dominion Bank (TD) saw a minor dip of 0.04% to 78.74 CAD, though it boasts a large market cap of 137.63 billion CAD, emphasizing its strength in the financial sector.
TC Energy Corporation (TRP) rose by 2.18% to 68.83 CAD, showing investor interest in its stable, dividend-paying profile. It maintains a market cap of 71.41 billion CAD. Finally, Bank of Nova Scotia (BNS) rounded out the list with a 1.05% increase to 75.00 CAD, supported by a 92.218 billion CAD market cap, indicating solid investor confidence.
Disclaimer: Stock data is for informational purposes only; please consult multiple sources before making investment decisions.