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Application software sector keeps rising: up 7.3% in 4 days

Jan 09, 2019 - News Bites Canadian Markets


The Application software sector extended its gains Wednesday, rising an additional 126.4 points (or 1.4%) to close at 9,477.4. The sector has jumped 641.6 points (or 7.3%) over the past four trading days. Compared with the S&P/TSX 60 index which jumped 34.5 points (or 4.0%) in the four days, this represented a relative price increase of 3.2%.

Market capitalization of the Application software sector rose 1.4% or CAD1.2 billion (US$938.4 million) to CAD93.1 ...