Canada’s Big Five Banks Reach New 52-Week Highs Amid Strong Market Performance
All five major Canadian banks have reached new 52-week highs as the S&P/TSX Composite Index outperformed the S&P 500, rising 30.8% year-to-date compared to a 21.2% gain for U.S. stocks. Royal Bank of Canada (RY) leads with strong returns and is among the top weightings in the index.
Topics: 52-week highs Canadian banking sector S&P/TSX Composite Index