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Updated · MarketWatch · Apr 30National Bank of Canada stock hits new 52-week high
3 articles · Updated · MarketWatch · Apr 30
- Shares rose 1.92% to C$205.04 on Thursday, topping the previous C$204.46 peak reached on 21 April.
- The gain came during a broadly stronger Canadian session, with the S&P/TSX Composite Index up 1.94% to 33,964.33.
- Trading volume was 1.1 million shares, below the stock's 50-day average of 1.6 million, indicating lighter-than-usual activity despite the record.
With its stock at a high but the economy fragile, has National Bank's impressive growth already reached its peak? Beyond its acquisition success, can National Bank's core strategy outmaneuver the significant economic headwinds forecasted for Canada?