Canadian Apartment Properties Real Estate Investment Trust Un stock rises Friday, still underperforms market
Shares of Canadian Apartment Properties Real Estate Investment Trust Un CAR.UT, +0.70% inched 0.70% higher to C$53.63 Friday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +1.66% rising 1.66% to 21,106.00. The stock’s rise snapped a two-day losing streak. Canadian Apartment Properties Real Estate Investment Trust Un closed C$9.14 short of its 52-week high (C$62.77), which the company reached on September 9th. Trading volume of 496,221 shares eclipsed its 50-day average volume of 370,231.
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