Powered by

CGX Energy loses $US1.9 million in MCap, steepest heavyweight fall in Oil & gas services sector January 09, 2019 16:00 EST

Jan 09, 2019 - News Bites Canadian Markets


CGX Energy Inc. (PINKSHEETS:CGXEF) has tumbled 2.0c (6.7%) from its last trading session of January 08 to close at 28.0c. Compared with the NASDAQ-100 Index which rose 48.8 points (0.8%) in the day, the relative price change was -7.4%. The fall was exacerbated by strong volume of 3.1 times the average daily volume of 34,088 shares. It posted the steepest fall in MCap with the most influence on the Oil & gas services sector. Its MCap is $US26.3 million.