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Insurance sector keeps rising: up 4.2% in 4 days

Jan 09, 2019 - News Bites Canadian Markets


The Insurance sector extended its gains Wednesday, rising an additional 25.8 points (or 2.2%) to close at 1,193.0. The sector has climbed 47.9 points (or 4.2%) over the past four trading days. Compared with the S&P/TSX 60 index which jumped 34.5 points (or 4.0%) in the four days, this represented a relative price increase of 0.1%.

Market capitalization of the Insurance sector rose 2.2% or CAD1 billion (US$790.7 million) to CAD48.5 billion (US$36.6 billion)...