The poorest performing TSX sector in the first quarter of 2006 has been the utilities. The 13-week Stock Trends RSI for the S&P/TSX Utilities Index is 86. This sub-market performance relates significantly to the rising interest rate environment. Indicative of the weakness is the performance of TransAlta (TA-T), Fortis (FTS-T), and Canadian Utilities (CU.NV-T).
http://www.stocktrends.ca/?page=streport&symbol=TA-T
http://www.stocktrends.ca/?page=streport&symbol=CU.NV-T
No comments:
Post a Comment