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Loblaw adds CAD236.3 million (US$178.6 million) in MCap, top heavyweight rise in Retail - defensive sector January 09, 2019 17:00 EST

Jan 09, 2019 - News Bites Canadian Markets


Loblaw Companies Limited (TSX:L), Canada's 2nd largest Defensive retailer by market cap, has increased 63.0c (1.0%) from its last trading session of January 08 to close at CAD62.48. Compared with the S&P/TSX 60 Index which rose 11.5 points (1.3%) in the day, the relative price change was -0.3%. The rise has been propped up by firm volume of 1.1 times the average daily volume of 568,720 shares. It posted the highest rise in MCap with the most influence on the Ret...