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Weekly: Power Financial Corporation 4.80% Non-Cumulative First Preferred Shares Series S rises for a second consecutive week, a two-week rise of 1.2%

Feb 03, 2017 - News Bites Canadian Markets

CANADIAN WEEKLY STOCK REPORT

Power Financial Corporation (TSX:PWF.PR.S) has risen 24.0c (or 1.1%) to close at CAD22.84. The rose for a second consecutive week on Friday bringing its two-week rise to 28.0c or 1.2%. Compared with the S&P/TSX 60 Index which fell 7.7 points (or 0.8%) in the two weeks, this represented a relative price increase of 2.1%. The volume was 0.8 times average trading per week of 30,705. In the past two weeks the market cap has risen CAD3.4 million.

Bullish Sign...