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Bank of Montreal accelerates decline, down 3.9% in 2 days post dividend February 05, 2018 17:00 EST

Feb 05, 2018 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Bank of Montreal (TSX:BMO), Canada's 4th largest Bank by market cap, has dropped CAD3.98 (3.9%) over the past two trading days, compared with the S&P/TSX 60 Index which fell 32.5 points (3.5%) in the two days for a relative price change of -0.5%. The cumulative volume in the 2 days was at about its average 2-day volume of 1.5 million shares. The shares fell 1% on Friday and 3% on Monday to close at CAD97.22.

DIVIDENDS

The shares dropped 3.9% in the ...