Bank of Montreal stock rises Tuesday, outperforms market

Bank of Montreal stock rises Tuesday, outperforms market

Shares of Bank of Montreal BMO, -2.97% inched 0.60% higher to C$153.72 Tuesday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, 0.06% rising 0.30% to 22,074.35.

This was the stock’s fifth consecutive day of gains. Bank of Montreal closed C$0.04 short of its 52-week high (C$153.76), which the company reached on March 21st. Trading volume of 1.5 M shares remained below its 50-day average volume of 2.7 M.

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