Canadian Company Close Updates

Pembina Pipeline Corp. stock rises Thursday, outperforms market

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Terrence Horan

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Shares of Pembina Pipeline Corp. CA:PPL rallied 1.17% to C$42.40 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.98% to 20,819.94. This was the stock's fifth consecutive day of gains. Pembina Pipeline Corp. hit a new 52-week high, surpassing its previous peak of C$41.91, which the company achieved on October 13th. Trading volume of 1.4 M shares remained below its 50-day average volume of 1.7 M.

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