Royal Bank of Canada stock rises Friday, outperforms market

Royal Bank of Canada stock rises Friday, outperforms market

Shares of Royal Bank of Canada RY, +0.35% inched 0.35% higher to C$130.18 Friday, in what proved to be an otherwise all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.17% falling 0.17% to 20,890.62. This was the stock’s second consecutive day of gains.

Royal Bank of Canada closed C$4.05 short of its 52-week high (C$134.23), which the company reached on August 25th. Trading volume of 2.0 M shares remained below its 50-day average volume of 3.8 M.

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