Closing Bell for Bank of Nova Scotia Rises on Wednesday (BNS)

In today's market activity, the Bank of Nova Scotia (TSX:BNS) commenced trading at $67.57 and concluded the session at $67.98, showing a slight increase from the previous day's closing price of $67.66. Throughout the day, its shares oscillated between a low of $67.50 and a high of $68.19.

On the broader market scale, the TSX Composite experienced a decline of 0.50%, closing at 22075.10. Similarly, the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite also ended the day in negative territory, with decreases of 0.72%, 1.00%, and 0.95%, respectively.

Bank of Nova Scotia, listed as BNS on the Toronto Stock Exchange (TSX), witnessed a total trading volume of 6,735,368 shares, with 8,251 total trades conducted. The stock's average trading volume over the past five days stood at 5,338,239 shares.

In today's TSX market, there were 2,968 price advancers compared to 2,262 decliners, with 117 stocks remaining unchanged.

Over the past 52 weeks, BNS.TO has ranged from a high of $70.40 on March 28, 2024, to a low of $55.20 on October 27, 2023. Notably, the stock has shown a gain of 0.86% over the last 12 months and a year-to-date increase of 5.40%.

On February 27, 2024, the Bank of Nova Scotia announced a dividend of 1.06, with an ex-date of April 01, 2024, and a pay date of April 26, 2024.

With a market capitalization of $82.69 billion and a float of 1,222,133 shares outstanding, Bank of Nova Scotia stands as a prominent player in the TSX Banks sector, headquartered in Halifax, Canada.

According to Zacks, an average recommendation of "Hold" is attributed to Bank of Nova Scotia, based on analysis from 13 analysts. Presently, there are 1 sell rating and 12 hold ratings for the stock.