Powered by

West Fraser Timber in 3rd consecutive rise, nears two-month high January 09, 2019 17:00 EST

Jan 09, 2019 - News Bites Canadian Markets


West Fraser Timber Co Ltd. (TSX:WFT), Canada's largest Forest products company by market cap, extended its gains on Wednesday, rising an additional 35.0c (0.5%) to trade at CAD70.40. West Fraser Timber's stock increased 1.0% on Monday and 3.5% on Tuesday. This brought its 3-day rise to 5.0%, compared with the S&P/TSX 60 Index which rose 21.5 points (2.5%) in the three days for a relative price increase of 2.6%. Cumulative volume in the 3 days was 0.9 times the a...