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IGM Financial inches higher, resistance at 12-day EMA March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

IGM Financial Inc. (TSX:IGM), Canada's largest Asset management company by market cap, has increased 0.7% but fell short of the 12-day Exponential Moving Average [EMA] of CAD41.13. Compared with the S&P/TSX 60 Index which rose 11.1 points (1.2%) in the day, the relative price change was -0.5%. The volume of 238,642 shares was close to average trading. The stock last traded at CAD40.99.

DIRECTORS OPTION BUYING

Kevin E Regan, Chief Financial Officer a...