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MORGUARD NORTH AMERICAN RESIDENTIAL in 3rd consecutive rise, nears three-month high February 03, 2017 17:00 EST

Feb 3, 2017 - News Bites Canadian Markets


MORGUARD NORTH AMERICAN RESIDENTIAL REIT A (TSX:MRG.UN), Canada's 17th largest Real estate services company by market cap, extended its gains on Friday, rising an additional 19.0c (1.3%) to trade at CAD14.30. The unit increased 0.6% on Wednesday and 0.4% on Thursday. This brought its 3-day rise to 2.4%, compared with the S&P/TSX 60 Index which rose 4.2 points (0.5%) in the three days for a relative price increase of 2.0%. The 3-day rise was fuelled by a cumulati

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