Shares of Canadian Imperial Bank of Commerce CM, +0.98% inched 0.98% higher to C$54.51 Monday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.95% rising 0.95% to 20,025.14.
Canadian Imperial Bank of Commerce closed C$10.73 below its 52-week high (C$65.24), which the company reached on November 25th. Trading volume of 2.7 M shares remained below its 50-day average volume of 3.2 M.