Toronto Stock Exchange :Enbridge Inc. . Energy. Down 40 cents, or 0.81 per cent, to $48.93 on 11.1 million shares.
Manulife Financial Corp. . Finance. Down 64 cents, or 1.79 per cent, to $35.15 on 9.1 million shares.Pembina Pipeline Corp. . Energy. Down 28 cents, or 0.56 per cent, to $49.90 on 6.2 million shares.Companies in the news: National Bank of Canada. . Finance. Up $2.88, or 2.55 per cent, to $115.89. Quebec-focused National Bank of Canada bucked the general trend of downward profits among banks this quarter as it benefited from higher stability in its home market. On Wednesday, the Montreal-based bank reported a second-quarter profit of $906 million, up from $832 million a year earlier, while raising its quarterly dividend by four cents to $1.10 per share.
Bank of Montreal. . Finance. Down $11.62, or 8.86 per cent, to $119.48. BMO Financial Group shares came under pressure after the bank reported results that missed expectations on higher loan-loss provisions and U.S. growth issues. The bank, which significantly expanded its U.S. presence early last year with its US$16.3-billion Bank of the West acquisition, said the results reflect a challenging environment there along with pressure on Canadian borrowers from higher interest rates.
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