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Allied Properties drops to five-month low on firm volume post dividend February 05, 2018 17:00 EST

Feb 05, 2018 - News Bites Canadian Markets


Allied Properties Real Estate Investment Trust (TSX:AP.UN), Canada's 5th largest Real Estate Investment Trust (REIT) by market cap, traded at its 131-day low of CAD39.18. The stock price has decreased 60.0c (1.5%) from its last trading session of February 02 to close at CAD39.36. Compared with the S&P/TSX 60 Index which fell 18.1 points (2%) in the day, the relative price increase was 0.5%. The fall was exacerbated by firm volume of 1.3 times the average daily v...