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Stock Weekly: Loblaw (L:CAD62.02) rises with open interest rising

Feb 05, 2021 - News Bites Canadian Markets
Mergers and Acquisitions-Financial Results


Loblaw Companies Limited (TSX:L), Canada's largest Defensive retailer company by market cap, has increased 27.0c (or 0.4%) in the past week to close at CAD62.02, ending a three-week streak of losses. Compared with the S&P/TSX 60 Index which rose 47.0 points (or 4.6%) in the week, this represented a relative price change of -4.1%.

In the past week the market cap has risen by CAD96.2 million ($75 million) to CAD22.1 billion.

The volume was 0.9 times...