Powered by

Stelco Holdings loses CAD36.4 million (US$27.8 million) in MCap, steepest heavyweight fall in Steel sector November 06, 2018 17:00 EST

Nov 06, 2018 - News Bites Canadian Markets


Stelco Holdings Inc. (TSX:STLC), Canada's 2nd largest Steel company by market cap, has dropped 41.0c (2.0%) from its last trading session of November 05 to close at CAD19.86. Compared with the S&P/TSX 60 Index which rose 4.7 points (0.5%) in the day, the relative price change was -2.5%. The fall was exacerbated by firm volume of 1.2 times the average daily volume of 90,916 shares. It posted the steepest fall in MCap with the most influence on the Steel sector. I...