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Melcor Developments climbs 6.0%, 3 days' volume in a day February 06, 2017 17:00 EST

Feb 06, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Melcor Developments Ltd. (TSX:MRD), Canada's 17th largest Real estate services company by market cap, has climbed 83.0c (6.0%) from its last trading session of February 03 to close at CAD14.74. Compared with the S&P/TSX 60 Index which fell 2.3 points (0.2%) in the day, the relative price increase was 6.2%. The rise has been propped up by strong volume of 3.4 times the average daily volume of 8,073 shares.

SECTION 1

MELCOR DEVELOPMENTS BULLISH SIGNAL...