Nov. 10 (Bloomberg) -- The following companies had unusual price changes in Canadian trading. Stock symbols are in parentheses, and share prices are as of 5 p.m. in Toronto.

The Standard & Poor's/TSX Composite Index gained 1 percent to 9,688.80.

Energy and raw-materials producers climbed as prices of oil, gas, gold, silver and other commodities advanced on speculation that a $586 billion Chinese economic stimulus package will spur demand for fuel, metals and grains.

Silver Standard Resources Inc. (SSO CN) advanced 13 percent to C$12.32 Equinox Minerals Ltd. (EQN CN) added 12 percent to C$1.21. Fairborne Energy Ltd. (FEL CN) gained 11 percent to C$7.98. Iamgold Corp. (IMG CN) rose 11 percent to C$4.61. European Goldfields Ltd. (EGU CN) climbed 11 percent to C$1.94.

Air Canada (AC/B CN) slid 20 percent to C$3.61 for its biggest loss in its almost two years of trading. Canada's biggest airline was cut to ``underperform'' from ``market perform'' by Raymond James & Associates analyst Ben Cherniavsky in Vancouver. The stock was also downgraded at Scotia Capital.

ACE Aviation Inc. (ACE/B CN), Air Canada's parent company, dropped 13 percent to C$4.50.

Cameco Corp. (CCO CN), the world's biggest uranium mining company, gained 5 percent to C$19.74 for its steepest advance since Oct. 28. Uranium prices rose a second week after Kazakhstan's state producer cut its output target for 2009 and Deutsche Bank AG set up a fund to buy the metal, Denver-based pricing service Tradetech LLC said in a report on Nov. 7. Cameco is scheduled to report third-quarter results tomorrow.

InnVest Real Estate Investment Trust (INN-U CN) fell 15 percent to C$4.25 and earlier touched C$4.20, a record intraday price. The owner of Canadian hotel properties reported funds from operations, a key industry measure, of 58 cents a unit, missing by 3.2 percent the average of analyst estimates compiled by Bloomberg.

Livingston International Income Fund (LIV-U CN) fell 16 percent to C$10.70 and touched 10.38, the lowest intraday price since May 2002. The customs broker was downgraded to ``sector underperform'' from ``sector perform'' by CIBC World Markets analyst Paul Holden, who set a C$10.50 share-price target. The stock was also downgraded at Scotia Capital.

Manulife Financial Corp. (MFC CN) gained 2.5 percent to C$26.65, the highest price since Oct. 21. North America's largest insurance company by market value was raised to ``outperform'' from ``sector perform'' by RBC Capital Markets' Andre-Philippe Hardy.

Nortel Networks Corp. (NT CN) declined 26 percent to C$1.11 and touched C$1.08, the lowest intraday price since at least 1983. North America's largest maker of phone gear had a loss of $3.4 billion, the biggest since 2001, and said it plans to cut 1,300 jobs, after customers scaled back budgets. A unit that Nortel's seeking to sell may fetch only half of the $1 billion initially expected, said UBS AG analyst Nikos Theodosopoulos.

Tim Hortons Inc. (THI CN) fell 3.1 percent to C$29.24 for its biggest loss since Oct. 24. The Canada-traded shares of the nation's biggest coffee-and-doughnut chain were rated ``sell'' in new coverage at Goldman Sachs Group Inc. The stock was also cut to ``sector perform'' from ``sector outperform'' by CIBC World Markets' Perry Caicco.

WestJet Airlines Ltd. (WJA CN) dropped 4.9 percent to C$10.30 and earlier slid 4 percent to C$10.22 for its steepest decline since Oct. 23. Canada's second-biggest carrier reported third-quarter net income fell 28 percent to C$54.7 million ($46 million), or 42 cents a share, on higher fuel costs and slowing consumer demand. Per-share earnings beat the 40 cents average profit estimate of 9 analysts polled by Bloomberg.

To contact the reporter on this story: John Kipphoff in Toronto at jkipphoff@bloomberg.net.

Last Updated: November 10, 2008 18:04 EST