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International Petroleum Corporation inches higher, resistance at 12-day EMA Wednesday August 28, 2019 17:00 EDT

Aug 28, 2019 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

International Petroleum Corporation (TSX:IPCO), Canada's 16th largest Asset management company by market cap, has climbed 4.6% but fell short of the 12-day Exponential Moving Average [EMA] of CAD4.47. Compared with the S&P/TSX 60 Index which rose 4.8 points (0.5%) in the day, the relative price increase was 4.1%. There were 24,985 shares worth CAD108,935 (US$81,873) traded today. The volume was 0.6 times the average daily trading volume of 38,837 shares. Interna...