LONDON, UK / ACCESSWIRE / August 21, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Asset Management industry and that trades on the Toronto Exchanges. This Morning, our team has regrouped these stocks for study: Central Fund of Canada, US Financials Income Fund, Canso Credit Income Fund, and Blue Ribbon Income Fund. Register for these free reports at:
On Friday, August 18, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 14,952.33, 0.54% lower, with a total volume of 247,564,972 shares.
Additionally, the Financials index was slightly down by 0.46%, ending the session at 280.47.
Pro-Trader Daily's complimentary research reports on the following stocks are now available: Central Fund of Canada Ltd (TSX: CEF-A), US Financials Income Fund (TSX: USF-UN), Canso Credit Income Fund (TSX: PBY-UN), and Blue Ribbon Income Fund (TSX: RBN-UN). Sign up now for your free membership and research reports at:
Central Fund of Canada Ltd
Central Fund of Canada Ltd's stock edged 0.87% lower, to finish Friday's session at $16.01 with a total volume of 48,953 shares traded. The stock has gained 20.36% in the past one month. Shares of the Company, which aims to invest the shareholder's funds in long-term holdings of gold and silver bullion for capital appreciation, are trading above its 50-day moving average of $13.30. See our research report on CEF-A.TO at:
US Financials Income Fund
On Friday, shares in US Financials Income Fund recorded a trading volume of 1,900 shares. The stock ended the day 0.25% higher at $7.98. US Financials Income Fund's stock has gained 2.31% in the last three months and 9.77% in the previous one year. Shares of the Company, which objective is to provide unit holders with quarterly cash distribution and to maximize total return through capital appreciation and distribution, are trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $8.15 is above its 200-day moving average of $8.04. The complimentary research report on USF-UN.TO at:
Canso Credit Income Fund
On Friday, shares in Canso Credit Income Fund, which objective is to maximize total returns and reduce risk by investing in an actively managed, diversified portfolio of corporate bonds, ended the session flat at $11.22 with a total volume of 31,100 shares traded. Register for free and access the latest research report on PBY-UN.TO at:
Blue Ribbon Income Fund
Blue Ribbon Income Fund's stock closed the day 0.32% lower at $9.40. The stock recorded a trading volume of 9,635 shares. The Company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $9.59 is greater than its 50-day moving average of $9.45. Shares of the Company, which objective is to provide monthly distributions and the opportunity to participate in capital gains by managing a portfolio of publicly listed or traded securities, are trading at a PE ratio of 3.96. Get free access to your research report on RBN-UN.TO at:
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SOURCE: Pro-Trader Daily