🟢 Bank of Nova Scotia is trading 5% up today amid a broader risk-on market tone

Bank of Nova Scotia is trading at $90.33 (+4.98%) in pre-market, climbing significantly from its $86.04 close on July 29.

• No company-specific earnings, deals, or analyst headlines were found to explain the sharp move higher.
• The price action is consistent with a broader risk-on pre-market tone, as rising U.S. futures and major indices provide a lift to the financial sector.
• The stock has broken out from its previous closing level despite the lack of a clear internal catalyst.