Shares of Fortis Inc. FTS, +0.64% inched 0.64% higher to C$60.09 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.16% rising 0.16% to 19,577.04.
The stock’s rise snapped a two-day losing streak. Fortis Inc. closed C$5.17 short of its 52-week high (C$65.26), which the company reached on May 25th. Trading volume of 956,997 shares remained below its 50-day average volume of 1.4 M.