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Weekly: Richards Packaging Income Fund lifts 3.3% in 2 weeks; nears three-month high

Feb 03, 2017 - News Bites Canadian Markets


Richards Packaging Income Fund (TSX:RPI.UN), Canada's 5th largest Packaging & Containers company by market cap, traded near it's three-month high. It increased 40.0c (or 1.6%) in the past week to close at CAD25.0. The unit lifted for a second week recording a rise of 80.0c (or 3.3%) in the past two weeks. Compared with the S&P/TSX 60 Index which fell 7.7 points (or 0.8%) in the two weeks, this represented a relative price increase of 4.1%. The volume was 0.7 ti...