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Bank of Montreal rises on high volatility January 09, 2019 17:00 EST

Jan 09, 2019 - News Bites Canadian Markets


Bank of Montreal non-cumulative 5-year rate reset Class B preferred shares Series 38 (TSX:BMO.PR.B), Canada's 51st largest Metals & mining company by market cap, traded between an intraday low of CAD25.39 and a high of CAD25.73. The price range has expanded in the last two days (from 17.0c two days ago to 34.0c today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 1.7% places Bank of Montreal's preference stock in the 3r...