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Asset management sector falls for a second consecutive day, a two-day fall of 1.8%

Feb 03, 2017 - News Bites Canadian Markets


The Asset management sector fell 9.5 points (or 1%) to close at 967.7. The sector fell for a second day on Friday bringing its two-day fall to 18.1 points or 1.8%. Compared with the S&P/TSX 60 index which increased 4.2 points (or 0.5%) in the two days, this represented a relative price change of -2.3%.

Market capitalization of the Asset management sector fell 1.0% or CAD440.4 million (US$338.8 million) to CAD44.9 billion (US$34.5 billion). Amongst the 110 ...