Q: Tsx was up yesterday so why did energy infrastructure stocks such as enb,key, ppl drop between1.5-2.3%?
5i Research Answer:
On Tuesday ENB rose 34 cents; PPL rose 64 cents and KEY rose 48 cents. We would not pay too much attention to short term movements. PPL and KEY were 'ex dividend' on June 16 and this usually results in a small decline in shares.