Kraken Robotics Inc. (PNG) Declines -3.85% on Jan 22

Shares of Kraken Robotics Inc. (CVE:PNG) last traded at 0.5, representing a move of -3.85%, or -0.02 per share, on volume of 224,086 shares. After opening the trading day at 0.5, shares of Kraken Robotics Inc. traded in a close range. Kraken Robotics Inc. currently has a total float of 137.01 million shares and on average sees 151,736 shares exchange hands each day. The stock now has a 52-week low of 0.145 and high of 0.58.

What Drives The Canadian Economy?

Canada is an important aspect of the North American economy. While the US is relatively bigger, it still has interesting potentials to drive economic growth in the region.With a thriving equity market, any nation has the capacity to carry out long-term prospects. In Canada, for example, there is the Toronto Stock Exchange (TSX). The benchmark index is the S&P/TSX Composite Index, replacing the TSE 300 Index.

Facts About the S&P/TSX Composite Index

The S&P/TSX Composite Index is a free-float market-capitalization-weighted index like most leading indices in the world. This means that its components are the most actively traded stocks on the TSX, excluding those that are held by inside traders, venture capitalists, and government entities. Stocks held by these stakeholders are not frequently traded, which is why it is useless to include them on indices. Kraken Robotics Inc. is one of the stocks traded on it.

The S&P/TSX Composite Index had recorded its all-time high of 15,657.63 in September 2014, thanks to the gai....

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