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Canada Sector Weekly: Market capitalization of the Bank sector rises 2.1% Friday January 08, 2021

Jan 08, 2021 - News Bites Canadian Markets
Mergers and Acquisitions

CANADIAN WEEKLY SECTOR REPORT

In the past week market capitalization of the Canada Bank sector rose 2.1% or CAD9.9 billion ($7.8 billion) to CAD481.9 billion ($380.1 billion). During the week amongst the 58 Stocks traded in the Bank sector, 44 (71%) advanced, 13 (21%) declined and 1 (1.6%) was unchanged. 4 (6.5%) were untraded.

Friday's value downBank sector plummets 278.7 pointsThe Bank sector plummeted 278.7 points (or 12.1%) to close at 2,016. Compared with the S&P/TSX 60 index w...