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Richards Packaging Income Fund inches higher, resistance at 12-day EMA March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Richards Packaging Income Fund (TSX:RPI.UN), Canada's 5th largest Packaging & containers company by market cap, has lifted 2.7% but fell short of the 12-day Exponential Moving Average [EMA] of CAD24.69. Compared with the S&P/TSX 60 Index which rose 11.1 points (1.2%) in the day, the relative price increase was 1.5%. The rise has been propped up by firm volume of 1.2 times the average daily volume of 8,233 units. The unit last traded at CAD24.50.

SECTION 1

RICHARDS PACKAGING INCOME FUND BULLISH ...