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Biotechnology sector drops 93.8 points

Sep 21, 2018 - News Bites Canadian Markets


The Biotechnology sector dropped 93.8 points (or 2.1%) to close at 4,292.7. Compared with the S&P/TSX 60 index which increased 1.4 points (or 0.1%) on the day, this represented a relative price change of -2.3%.

Market capitalization of the Biotechnology sector fell 2.1% or CAD249 million (US$192.9 million) to CAD11.4 billion (US$8.8 billion). Amongst the 54 Stocks traded on the Biotechnology sector today, 27 (32.9%) declined, 18 (21.9%) advanced and 9 were...