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Weekly: Magellan Aerospace rises for a second consecutive week, a two-week rise of 4.1% September 21, 2018 17:00 EDT

Sep 21, 2018 - News Bites Canadian Markets


Magellan Aerospace Corporation (TSX:MAL), Canada's 4th largest Aerospace & defense company by market cap, has risen 22.0c (or 1.2%) to close at CAD17.92. The stock rose for a second consecutive week on Friday bringing its two-week rise to 70.0c or 4.1%. Compared with the S&P/TSX 60 Index which rose 5.8 points (or 0.6%) in the two weeks, this represented a relative price increase of 3.5%. The volume was 1.4 times average trading per week of 95,460 shares. In the...