By John Kipphoff
Aug. 5 (Bloomberg) -- The following companies may have unusual price changes in Canadian trading on Aug. 5. Stock symbols are in parentheses, and share prices are from the previous close in Toronto.
The Standard & Poor's/TSX Composite Index fell 0.7 percent to 13,592.91. Canadian financial markets are closed on Aug. 4 for the province of Ontario's Civic Day holiday.
HudBay Minerals Inc. (HBM CN): The zinc mining company was raised to ``buy'' from ``hold'' by Canaccord Adams analyst Gary Lampard in Toronto. The shares rose 1 percent to C$9.99.
Mullen Group Income Fund (MTL-U CN) was raised to ``outperform'' from ``market perform'' by analyst Jason Granger at BMO Capital Markets in Toronto. The shares rose 5.1 percent to C$20.50.
To contact the reporter on this story: John Kipphoff in Montreal at jkipphoff@bloomberg.net.
Tuesday, August 5, 2008
HudBay Minerals, Mullen Group: Canadian Equity Market Preview
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