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Weekly: Royal Bank of Canada Non-Cumulative 5Year Rate Reset First Preferred SharesSeries BF(NVCC) rises for a second consecutive week, a two-week rise of 4.7%

Feb 03, 2017 - News Bites Canadian Markets

CANADIAN WEEKLY STOCK REPORT

Royal Bank of Canada (TSX:RY.PR.M) has risen 34.0c (or 1.5%) to close at CAD23.16. The rose for a second consecutive week on Friday bringing its two-week rise to CAD1.04 or 4.7%. 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 5.5%. The volume was 1.2 times average trading per week of 43,815. In the past two weeks the market cap has risen CAD9.8 million.

Bullish Signals

+ Rises to Falls: in the last three months the number of rises outnumbered falls 10:4 or 2....