Canadian Natural lags TSX as buyback costs fall
Canadian Natural Resources Limited moved higher late Friday in Toronto, though not quite catching up to the Canadian equity rally. Shares changed hands at C$56.67, up 0.8% as of 3:46 p.m. EDT. The S&P/TSX Composite Index gained 0.91% to 35,283.92 a minute later. For the day, CNQ still lagged the broader market. Over the past year, the gap was wider: CNQ sat 20.2% under its 52-week high of C$70.99, while the TSX was only down 1.0% from its 52-week top.
