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Weekly: Allied Properties in its biggest weekly gain in 2 months

Feb 03, 2017 - News Bites Canadian Markets

CANADIAN WEEKLY STOCK REPORT

Allied Properties Real Estate Investment Trust (TSX:AP.UN), Canada's 5th largest Real Estate Investment Trust company by market cap, has increased CAD1.20 (or 3.6%) in the past week to close at CAD34.80. In the past week the shares have increased 3.6%, the biggest weekly gain since December 02, 2016. Compared with the S&P/TSX 60 Index which fell 7.2 points (or 0.8%) in the week, this represented a relative price increase of 4.4%. This has been propped up by rob...