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Business services sector in 5th consecutive rise, nears one-month high

Jan 09, 2019 - News Bites Canadian Markets


The Business services sector extended its gains Wednesday, rising an additional 5.2 points (or 0.4%) to close at 1,191.3. The sector increased 0.8% on Monday and 0.4% on Tuesday bringing its 5-day rise to 3.0%. It is now approaching its 24-day high of 1,203.5. Compared with the S&P/TSX 60 index which climbed 25.6 points (or 3.0%) in the five days, this represented a relative price change of -0.01%.

Market capitalization of the Business services sector rose...