Canadian Company Close Updates

Enbridge Inc. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Enbridge Inc. ENB, +0.08% inched 0.59% higher to C$52.68 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.52% rising 0.98% to 20,819.94. This was the stock's sixth consecutive day of gains. Enbridge Inc. hit a new 52-week high, surpassing its previous peak of C$52.38, which the company achieved on October 13th. Trading volume of 3.5 M shares remained below its 50-day average volume of 7.3 M.

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