Most actively traded companies on the TSX, TSX Venture Exchange markets

TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (12,957.21 up 25.75 points):

Angle Energy Inc. (TSX:NGL). Oil and gas. Up 60 cents, or 19.29 per cent, to $3.71 on 23.6 million shares. The energy sector was ahead 0.6 per cent and the November crude contract on the New York Mercantile Exchange erased early losses to close up $1.08 at US$102.29 a barrel.

Bellatrix Exploration Ltd. (TSX:BXE). Oil and gas. Down 39 cents, or 4.67 per cent, to $7.96 on 11.6 million shares.

Bombardier Inc. (TSX:BBD.B). Transportation. Up three cents, or 0.61 per cent, to $4.98 on 4.5 million shares.

Talisman Energy Inc. (TSX:TLM). Oil and gas. Down two cents, or 0.16 per cent, to $12.50 on 4.2 million shares.

Eldorado Gold Corp. (TSX:ELD). Miner. Down 18 cents, or 2.99 per cent, to $5.84 on 3.06 million shares. The TSX gold sector led decliners, down about two per cent, while December gold bullion in New York turned positive, gaining $9.10 to US$1,282.30 an ounce.

Air Canada (TSX:AC.B). Airline. Up 20 cents, or 4.18 per cent, to $4.99 on 2.9 million shares.

Toronto Venture Exchange (925.88 down 3.25 points):

Petrodorado Energy Ltd. (TSXV:PDQ). Oil and gas. Down half a cent, or 14.29 per cent, to three cents on 13.1 million shares.

Africa Hydrocarbons Inc. (TSXV:NFK). Oil and gas. Down four cents, or 16.33 per cent, to 20.5 cents on 4.7 million shares.

Companies reporting major news:

Ivanhoe Mines (TSX:IVN). Miner. 13 cents, or 6.1 per cent, to $2.26 on 595,242 shares in the wake of reports of strong exploration results at a platinum mine project in South Africa.

Loblaw Companies Ltd. (TSX:L). Grocer. Up $1.08, or 2.35 per cent, to $47.09 on 488,833 shares. Canada's largest grocer announced it is cutting its management and administrative ranks by 275 employees as it tries to reduce expenses alongside its acquisition of Shoppers Drug Mart. While it provided no details on the downsizing in a brief email response Wednesday, the company is continuing to grapple with heightened competition from fellow grocers and a consolidation of the industry.

SNC-Lavalin Inc. (TSX:SNC). Engineering. Down $2, or 4.53 per cent, to $42.13 on 896,816 shares. On Tuesday, the engineering giant sharply lowered its earnings forecast for fiscal 2013.SNC said late Tuesday it now expects consolidated net income in fiscal 2013 to be in the range of $10 million to $50 million, as compared with previous guidance in the range of $220 million to $235 million.