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Weekly: First Asset Canadian Convertibles Fund lifts 2.5% on weak volume September 21, 2018 17:00 EDT

Sep 21, 2018 - News Bites Canadian Markets


First Asset Canadian Convertibles Fund (TSX:ADC.UN), Canada's 104th largest Asset management company by market cap, has increased 16.0c (or 2.5%) in the past week to close at CAD6.62. Compared with the S&P/TSX 60 Index which rose 14.9 points (or 1.6%) in the week, this represented a relative price increase of 1.1%. The volume was 0.4 times average trading per week of 11,075 shares. In the past week the market cap has risen CAD262,215 (US$203,201).

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