Toronto Stock Exchange :Manulife Financial Corp. . Finance. Up 20 cents, or 0.62 per cent, to $32.27 on 8.9 million shares.Suncor Energy Inc. . Energy. Up 38 cents, or 0.71 per cent, to $54.25 on 5.3 million shares.Ivanhoe Mines Ltd. . Mines. Up 26 cents, or 1.28 per cent, to $20.62 on 5.0 million shares.Cargojet Inc. . Transportation. Up $4.17, or 3.61 per cent, to $119.76.
Armed conflict in Ukraine and the Red Sea has helped ramp up freight shipments for Cargojet Inc., as global discord pushes companies to seek alternate transit routes. The air freight and plane leasing company saw net earnings rise nearly seven per cent year-over-year to $32.5 million in its latest quarter, buoyed by continuing e-commerce demand in Canada but also trips chartered to haul cargo internationally. Cargojet said revenue totalled $231.
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