TSX Stocks to Watch; Monday's Trading Leaders: (TSX: MFC), (TSX: K), (TSX: BNS), (TSX: ELR)
Manulife Financial Corp. (TSX:MFC) continued to gain and added another 0.43 (3.84%) to close at C$11.63 after surging about 2.50% in the previous trading day on over 8.49 million shares, compared to its 30-day average volume of 5.81 million shares. Manulife Financial is a life insurance and a holding company of The Manufacturers Life Insurance Company (MLI) and John Hancock Reassurance Company, Ltd. MFC is a financial services company serving customers in 22 countries around the world.
Kinross Gold (TSX:K) fell 0.14 (-1.00%) to finish at C$13.84 on over 5.01 million shares, compared to its average volume of 11.2K shares as gold prices slipped about 1% on Monday. The company announced it has reached a non-binding agreement in principle with the government of Ecuador regarding key fiscal and legal parameters for the exploitation of the Fruta del Norte (FDN) deposit in Ecuador's Zamora Chinchipe province.
The Bank of Nova Scotia (TSX: BNS) slid 0.69 (-1.41%) to end at C$48.30 after analyst at Barclays Capital reaffirmed its underweight rating on the stock. The Bank of Nova Scotia (the Bank) is a diversified financial institution. It offers a range of products and services, including retail, commercial, corporate and investment banking to almost in some 50 countries worldwide.
Eastern Platinum Ltd. (TSX: ELR) added 0.020 (3.39%) to end at C$0.610 on over 3.28 million shares. Eastern Platinum is a platinum group metals (PGM) producer, engaged in the mining and development of PGM deposits with properties located in South Africa.
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