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Methanex (MX: CAD45.25) jumps 15% on firm volume

Aug 28, 2021 - News Bites Canadian Markets

CANADIAN END-OF-WEEK STOCK REPORT

Methanex Corporation (TSX:MX), Canada's largest Chemicals company by market cap, has climbed CAD5.99 (or 15.3%) in the past week to close at CAD45.25, ending a two-week streak of losses. Compared with the S&P/TSX 60 Index which rose 12.4 points (or 1.0%) in the week, this represented a relative price increase of 14.2%. During the week its volatility (highest price minus lowest price/lowest price) of 13.8% was 1.41 times its average weekly volatility of 9.8...