Bank of Montreal stock rises Thursday, still underperforms market

Bank of Montreal stock rises Thursday, still underperforms market

Shares of Bank of Montreal BMO, +0.17% inched 0.17% higher to C$135.58 Thursday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.71% rising 0.71% to 21,218.93. This was the stock’s third consecutive day of gains.

Bank of Montreal closed C$5.79 short of its 52-week high (C$141.37), which the company reached on December 16th. Trading volume of 1.3 M shares remained below its 50-day average volume of 2.2 M.

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