Shares of Manulife Financial Corp. MFC, +0.28% inched 0.28% higher to C$25.13 Friday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.02% rising 0.02% to 21,216.15.
This was the stock’s fourth consecutive day of gains. Manulife Financial Corp. closed C$2.55 short of its 52-week high (C$27.68), which the company achieved on March 18th. Trading volume of 4.2 M shares remained below its 50-day average volume of 4.9 M.