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Forest products sector keeps sliding: down 8.6% in 7 days

Sep 21, 2018 - News Bites Canadian Markets


The Forest products sector extended its slide Friday, shedding an additional 2.0 points (or 0.06%) to close at 3,561.6. The sector has tumbled 336.0 points (or 8.6%) over the past seven trading days. Compared with the S&P/TSX 60 index which lifted 13.8 points (or 1.5%) in the seven days, this represented a relative price change of -10.1%.

Market capitalization of the Forest products sector fell 0.1% or CAD16.1 million (US$12.5 million) to CAD28.6 billion (...