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Weekly: Royal Bank of Canada Non-Cumulative 5-Year Rate Reset First Preferred Shares (NVCC) keeps rising: up 4.4% in 3 weeks

Feb 03, 2017 - News Bites Canadian Markets


Royal Bank of Canada (TSX:RY.PR.J), Canada's 12th largest Bank by market cap, extended its gains in the past week ended Friday, rising an additional 25.0c (or 1.1%) to close at CAD23.30. The have climbed 98.93c (or 4.4%) over the past three weeks. Compared with the S&P/TSX 60 Index which fell 3.0 points (or 0.3%) in the three weeks, this represented a relative price increase of 4.8%. The volume was 1.2 times average trading per week of 115,290.

Bullish S...