Canadian Apartment Properties Real Estate Investment Trust Un stock rises Thursday, outperforms market - MarketWatch

Shares of Canadian Apartment Properties Real Estate Investment Trust Un CAR.UT, -1.26% inched 0.18% higher to C$44.00 Thursday, in what proved to be an otherwise all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.28% falling 0.84% to 19,560.16. The stock’s rise snapped a two-day losing streak. Canadian Apartment Properties Real Estate Investment Trust Un closed C$18.67 below its 52-week high (C$62.67), which the company reached on September 23rd. Trading volume of 384,098 shares remained below its 50-day average volume of 411,805.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Investors are getting spooked that the Federal Reserve’s possible large interest rate hikes next week could further damage U.S. stocks, but there is no hope for the central bank to step in with their “put” to rescue, according to two chief investment officers on Wall Street.

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