Bank of Montreal stock outperforms market despite losses on the day

Bank of Montreal stock outperforms market despite losses on the day

Shares of Bank of Montreal BMO, -1.04% slipped 1.04% to C$128.09 Tuesday, in what proved to be an all-around negative trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -1.41% falling 1.41% to 20,174.14.

The stock’s fall snapped a five-day winning streak. Bank of Montreal closed C$4.26 below its 52-week high (C$132.35), which the company reached on August 25th. Trading volume of 1.1 M shares remained below its 50-day average volume of 2.0 M.

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