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Monday, November 28, 2011

TSX Stocks to Watch; Friday's Trading Leaders: (TSX: WED), (TSX: SU), (TSX: RY), (TSX: MFC)

November 28, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 25, 2011. The Standard & Poor's/TSX Composite Index ended lower by 23.26 (-0.20%) to close the day at 11,462.06.
The Westaim Corporation (TSX:WED) was the most active stock on the TSX Friday and ended higher by 0.020 (3.70%) to C$0.560 with more than 7.38 million shares exchanged hands, compared to its average volume of 609K shares. Over the past year, the stock has been trading within a narrow range of $0.43-$0.62. The company has market capitalization of $324.99 million.
Suncor Energy Inc. (TSX:SU) fell 0.61 (-2.12%) to close at C$28.14 on over 3.50 million shares, compared to its 30-day average volume of 5.15 million shares. Suncor Energy explores for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally, and it transports and refines crude oil and market petroleum and petrochemical products primarily in Canada.
Royal Bank of Canada (TSX:RY) lost 0.50 (-1.14%) to end at C$43.40 on over 2.81 million shares, compared to its average volume of 3.45 million shares after hitting a new 52-week low of $43.30 earlier in the session. Royal Bank of Canada (RBC) is a diversified financial services company. RBC provides personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis.
Manulife Financial Corp. (TSX:MFC) shares gained 0.07 (0.65%) to close the day at C$10.84 on over 2.62 million shares. For Manulife Financial, the present is Canada and the United States, but the future will increasingly be Southeast Asia, where its insurance business is growing by 30 percent a year with the potential to improve, a senior executive said on Wednesday.
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