October 28, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for October 27, 2011. The Standard & Poor's/TSX Composite Index ended higher by 279.38 (2.29%) to end the day at 2-month high of 12,465.44 boosted by long-awaited deal by European leaders in order to defend the euro-zone debt crisis.
TSX:SU) was the most actively traded gainer and ended higher by 1.62 (5.20%) to C$32.80 with more than 8.54 million shares exchanged hands, extending its weekly gains to over 7.50% as crude prices continued move higher and close with gains of over 3% to above $93.50. Suncor Energy Inc. said yesterday it will release its third quarter financial results on Thursday, Nov. 3, 2011 at 12:30 a.m. MDT (2:30 a.m. EDT).
Manulife Financial Corp. (TSX:MFC) was the another active gainer and added 0.92 (7.07%) to C$13.94 with more than 7.53 million shares exchanged hands, compared to its average volume of 5.67 million shares. The company is all set to report its third quarter financial results s on the morning of Thursday, November 3, 2011.
Resource stock, Teck Resources Limited (TSX:TCK.B) was another notable active stock with the stock closing higher by 3.02 (8.09%) to C$40.35 after the company said that it earned $742 million, or $1.26 a share on revenue of $3.4 billion in its third quarter, ahead of analysts' estimates of $1.26 a share on revenue of $3.13 billion.
Gold stock, St Andrew Goldfields Ltd. (TSX:SAS) climbed 0.04 (7.40%) to C$580 after the company announced the appointment of Ms. Catherine A. Gignac to its Board of
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