Shares of Manulife Financial Corp. MFC, +1.20% rose 1.20% to C$26.04 Thursday, in what proved to be an otherwise all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.25% falling 0.25% to 20,544.11.
This was the stock’s third consecutive day of gains. Manulife Financial Corp. closed C$1.64 short of its 52-week high (C$27.68), which the company reached on March 18th. Trading volume of 6.3 M shares remained below its 50-day average volume of 8.6 M.