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Stock Weekly: Loblaw (L:CAD62.58) rises 0.9% with open interest rising

Feb 12, 2021 - News Bites Canadian Markets
Mergers and Acquisitions-Financial Results


Loblaw Companies Limited (TSX:L), Canada's 2nd largest Defensive retailer company by market cap, rose for a second week on Friday bringing its a two-week rise to 83.0c or 1.3%. The share price increased 56.0c (or 0.9%) in the past week to close at CAD62.58. Compared with the S&P/TSX 60 Index which rose 21.5 points (or 2.0%) in the week, this represented a relative price change of -1.1%.

In the past week the market cap has risen by CAD199.4 million ($156....