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Stock Monthly: Loblaw lifts 3% on thin volume Friday January 31, 2020 17:00 EST

Jan 31, 2020 - News Bites Canadian Markets


Loblaw (TSX:L), Canada's largest Defensive Retailer company by market cap, has lifted CAD2.24 (or 3.3%) in the past month to close at CAD69.24 on Friday January 31. The volume was 0.7 times average trading of 11.5 million shares. Compared with the S&P/TSX 60 Index which rose 18.1 points (or 1.8%) in the month, this represented a relative price increase of 1.6%. In the past month the market cap has risen CAD820.1 million (US$1.1 billion).

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