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Partners Value Investments loses CAD193.4 million (US$147.6 million) in MCap, steepest heavyweight fall in Asset management sector November 06, 2018 17:00 EST

Nov 06, 2018 - News Bites Canadian Markets


Partners Value Investments LP (TSXV:PVF.UN), Canada's 3rd largest Asset management company by market cap, has tumbled CAD2.63 (6.4%) from its last trading session of November 02 to close at CAD38.61. Compared with the S&P/TSX 60 Index which rose 4.7 points (0.5%) in the day, the relative price change was -6.9%. The fall was exacerbated by high volume of 2.5 times the average daily volume of 404 shares. It posted the steepest fall in MCap with the most influence ...