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Weekly: Magna International put call ratio decreases 2.0%, stock lifts 2.4% September 21, 2018 17:00 EDT

Sep 21, 2018 - News Bites Canadian Markets


Magna International Inc. (TSX:MG), Canada's largest Auto company by market cap, has increased CAD1.71 (or 2.4%) in the past week to close at CAD72.30. Open interest contracts on exchange traded options included 5,522 put contracts and 8,800 call contracts. The put:call ratio was 0.6, down 2.0% for the week. The decrease is a bullish indicator. Compared with the S&P/TSX 60 Index which rose 14.9 points (or 1.6%) in the week, this represented a relative price incr...