Powered by

Stock Weekly: Canadian Western Bank (CWB:CAD29.32) accelerates rise: up 16.6% in 2 weeks

Nov 20, 2020 - News Bites Canadian Markets
Board and Executive Moves-Mergers and Acquisitions-Financial Results-Organizational Restructuring

CANADIAN WEEKLY STOCK REPORT

Canadian Western Bank (TSX:CWB), Canada's 9th largest Bank by market cap, has climbed CAD4.17 (or 16.6%) over the past two weeks, after rising 8.3% in the past week and 7.6% in the week prior to that to close at CAD29.32. Compared with the S&P/TSX 60 Index which rose 49.8 points (or 5.2%) in the two weeks, this represented a relative price increase of 11.4%.

The price ranged between a low of 27.07 on Friday, Nov 13 and a high of 28.98 on Wednesday, Nov 1...