On Friday, the top TSX mover was BlackBerry (TSX: T.BB, Stock Forum). The stock fell 1.12% and was trading at $16.72 on volume of 5.4 million. On Feb. 7, the communications company appointed two new directors to its board: Richard "Dick" Lynch, retired Executive Vice President of Verizon Communications Inc. and Bert Nordberg, former Chief Executive Officer of Sony Ericsson Mobile Communications.
Manulife Financial Corp. (TSX: T.MFC, Stock Forum) was the second most active stock on the TSX. It was up 1.72% and was trading at $0.25 on volume of 14.8 million shares. Manulife Mutual Funds' net assets under management reached a record $20.7 billion at the close of 2012, representing an 18% increase from year-end 2011 to year-end 2012.
Sagres Energy Inc. (TSX: V.SGI, Stock Forum) was the volume leader on the TSX Venture Exchange. It soared 50% and was trading at $0.015 on volume of 5.2 million. The oil and gas company had no related news to explain the high volume in trades.
The second most active stock on the TSX Venture was Soldi Ventures Inc. (TSX: V.SOV, Stock Forum). It rose 33.33% and was trading at $0.04 after 4.7 million shares changed hands. The junior exploration company staked an additional 120.4 hectare property within Galaxy Graphite Corp.'s (TSX: V.GXY, Stock Forum) Buckingham Project located in Quebec.
One sample taken from the property analyzed for size distribution contained 11.5% graphitic carbon, with 54.42% of the large flakes in excess of 80 mesh.