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Stock Weekly: Stelco Holdings (STLC:CAD17.29) jumps 8.8% - outperforming 90% of stocks

Nov 27, 2020 - News Bites Canadian Markets
Board and Executive Moves-Mergers and Acquisitions-Investments-Financial Results

CANADIAN WEEKLY STOCK REPORT

Stelco Holdings Inc. (TSX:STLC), Canada's 2nd largest Steel company by market cap, has climbed CAD1.40 (or 8.8%) in the past week to close at CAD17.29. Compared with the S&P/TSX 60 Index which rose 21.4 points (or 2.1%) in the week, this represented a relative price increase of 6.7%.

In the Canadian market of 1,608 stocks and 57 units traded today, the stock has a 6-month relative strength of 90 which means it is beating 90% of the market. A price rise c...