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Imperial Oil in 2nd consecutive fall, nears seven-month low March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets


Imperial Oil Limited (TSX:IMO), Canada's 2nd largest Oil & gas - integrated company by market cap, slipped further on Wednesday, sliding an additional 42.0c (1.0%) to trade at CAD41.07. The stock decreased 0.7% on Tuesday. This brought its 2-day fall to 1.7%, compared with the S&P/TSX 60 Index which rose 6.3 points (0.7%) in the two days for a relative price change of -2.4%. The fall was exacerbated by a cumulative 2-day volume of 1.6 times average daily volume ...