Enbridge Inc. stock rises Tuesday, outperforms market

Enbridge Inc. stock rises Tuesday, outperforms market

Shares of Enbridge Inc. ENB, +0.63% inched 0.63% higher to C$51.46 Tuesday, in what proved to be an otherwise all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.10% falling 0.10% to 18,307.91.

The stock’s rise snapped a two-day losing streak. Enbridge Inc. closed C$8.23 short of its 52-week high (C$59.69), which the company reached on June 8th. Trading volume of 4.2 M shares remained below its 50-day average volume of 8.8 M.

 

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