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Weekly: Richards Packaging Income Fund jumps 6.1% - outperforming 90% of units September 21, 2018 17:00 EDT

Sep 21, 2018 - News Bites Canadian Markets


Richards Packaging Income Fund (TSX:RPI.UN), Canada's 4th largest Packaging & containers company by market cap, has lifted CAD2.33 (or 6.1%) in the past week to close at CAD40.48. In the Canadian market of 1,915 stocks & 93 units traded today, the unit has a 6-month relative strength of 90 which means it is beating 90% of the market. A price rise combined with a high relative strength is a bullish signal. The unit rose for a second week on Friday bringing its a...