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Asset management sector rises for a fourth consecutive day, a four-day rise of 3.0%

Jan 09, 2019 - News Bites Canadian Markets

CANADIAN DAILY SECTOR NEWS

The Asset management sector rose 3.8 points (or 0.4%) to close at 981.2. The sector rose for a fourth consecutive day on Wednesday bringing its four-day rise to 28.3 points or 3.0%. 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 change of -1.1%.

Market capitalization of the Asset management sector rose 0.4% or CAD179.2 million (US$135.5 million) to CAD46.5 billion (US$35.2 billion)....