Canadian Company Close Updates

Gildan Activewear Inc. stock rises Thursday, outperforms market

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Terrence Horan

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Shares of Gildan Activewear Inc. GIL, -1.44% advanced 2.45% to C$45.23 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.48% rising 0.98% to 20,819.94. This was the stock's second consecutive day of gains. Gildan Activewear Inc. closed C$5.20 short of its 52-week high (C$50.43), which the company achieved on September 3rd. Trading volume of 394,626 shares remained below its 50-day average volume of 439,298.

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