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CanBanc Income inches higher, resistance at 12-day EMA Wednesday August 28, 2019 17:00 EDT

Aug 28, 2019 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

CanBanc Income Corp. (TSX:CIC), Canada's 36th largest Asset management company by market cap, has increased 0.9% but fell short of the 12-day Exponential Moving Average [EMA] of CAD10.91. Compared with the S&P/TSX 60 Index which rose 4.8 points (0.5%) in the day, the relative price increase was 0.4%. There were 8,200 shares worth CAD89,134 (US$66,991) traded today. The volume was 0.6 times the average daily trading volume of 13,469 shares. CanBanc Income's stock...