Shares of Loblaw Cos. Ltd. L, -0.47% slid 0.47% to C$115.46 Thursday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.08% rising 0.08% to 21,855.70. This was the stock’s third consecutive day of losses. Loblaw Cos. Ltd. closed C$3.76 short of its 52-week high (C$119.22), which the company achieved on April 11th. Trading volume of 340,960 shares remained below its 50-day average volume of 590,930.
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