BMO Stock Surges 1.85 Percent Amid Canadian Dollar Tokenized Deposit Initiative
BMO stock gained 1.85 percent on September 21, 2026, closing at CAD 248.84 on the Toronto Stock Exchange.
This move outpaced the S&P/TSX Composite, which added 0.91 percent to 36,335.61 on September 22, 2026.
The Bank of Montreal's (BMO) stock traded between CAD 245.98 and CAD 248.98 during the session, with a volume of 1.60 million shares reported by MarketBeat.
BMO is exploring a Canadian dollar tokenized deposit initiative with its domestic banking peers, as reported in the Financial Times on September 22, 2026.