Shares of TELUS Corp. T, +0.47% inched 0.47% higher to C$29.62 Tuesday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.96% rising 0.96% to 21,274.81.
The stock’s rise snapped a two-day losing streak. TELUS Corp. closed C$0.44 below its 52-week high (C$30.06), which the company reached on January 4th. Trading volume of 3.6 M shares eclipsed its 50-day average volume of 2.2 M.