Shares of Power Corp. of Canada POW, +0.86% rallied 1.06% to C$42.02 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.06% rising 0.15% to 21,072.20.
The stock’s rise snapped a four-day losing streak. Power Corp. of Canada closed C$2.51 short of its 52-week high (C$44.53), which the company achieved on August 31st. Trading volume of 1.2 M shares remained below its 50-day average volume of 1.3 M.