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Weekly: Canadian Imperial Bank of Commerce rises for a fourth consecutive week, a four-week rise of 5.6% March 03, 2017 17:00 EST

Mar 3, 2017 - News Bites Canadian Markets


Canadian Imperial Bank of Commerce (TSX:CM) has risen 68.0c (or 0.6%) on high volume to close at CAD119.20. The stock rose for a fourth consecutive week on Friday bringing its a four-week rise to CAD6.31 or 5.6%. Compared with the S&P/TSX 60 Index which rose 8.4 points (or 0.9%) in the four weeks, this represented a relative price increase of 4.7%. This has been propped up by robust volume of 1.6 times average for the week. In the past four weeks the market cap

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