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Global Telecom & Utilities Income Fund drops to two-month low on extraordinary volume February 03, 2017 17:00 EST

Feb 03, 2017 - News Bites Canadian Markets


Global Telecom & Utilities Income Fund (TSX:HGI.UN), Canada's 91st largest Asset management company by market cap, traded at its 51-day low of CAD9.26. The stock price has decreased 9.0c (1.0%) from its last trading session of January 30 to close at CAD9.26. Compared with the S&P/TSX 60 Index which rose 4.9 points (0.5%) in the day, the relative price change was -1.5%. The fall was exacerbated by extraordinary volume of 3.5 times the average daily volume of 907 ...