Shares of Power Corp. of Canada
inched 0.46% higher to C$41.80 Thursday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index
rising 1.16% to 21,197.53. The stock’s rise snapped a two-day losing streak. Power Corp. of Canada closed C$2.73 below its 52-week high (C$44.53), which the company reached on August 31st. Trading volume of 628,911 shares remained below its 50-day average volume of 2.2 M.
Macquarie Group Ltd. acquired a new stake in shares of Royal Bank of Canada (NYSE:RY - Free Report) (TSE:RY) in...