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National Bank of Canada Non-cumulative 5-Year Rate Reset First Preferred Shares Series 30 drops 1.5% on high volatility February 28, 2017 17:00 EST

Feb 28, 2017 - News Bites Canadian Markets


National Bank of Canada (TSX:NA.PR.S), Canada's 26th largest Bank by market cap, traded between an intraday low of CAD22.35 and a high of CAD22.65. The average daily volatility of 1.1% places the preference stock in the 4th quartile in the market, meaning it is the least volatile. Today its volatility (highest price minus lowest price/lowest price) of 1.3% was 1.2 times the average daily volatility of 1.1%, up from 0.6% on Monday and 0.8% on Friday. A fall in th...