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Methanex in 4th consecutive rise, nears two-month high January 09, 2019 17:00 EST

Jan 09, 2019 - News Bites Canadian Markets


Methanex Corporation (TSX:MX), Canada's largest Chemicals company by market cap, extended its gains on Wednesday, rising an additional 90.0c (1.2%) to trade at CAD73.93. Methanex's stock lifted 2.8% on Monday and 3.1% on Tuesday. This brought its 4-day rise to 12.3%, compared with the S&P/TSX 60 Index which rose 34.5 points (4.0%) in the four days for a relative price increase of 8.2%. The 4-day rise was fuelled by a cumulative volume of 1.3 times the average 4-...