S&P/TSX 60 Climbs 0.41% as Cenovus Energy Soars 4.04% Amid Strong Market Sentiment

3 hours ago
share
Share Via
The S&P/TSX 60 index rose by 0.41%, continuing a positive trend with a 1.5% increase over the past week and 1.19% over the month. This growth is supported by a favorable advance-decline ratio of 1.81, with 441 stocks advancing. Cenovus Energy led large-cap gains at 4.04%, while Brookfield Asset Management fell by 4.34%. In mid-caps, First Majestic Silver surged 9.62%, contrasting with B2Gold's 4.63% decline. Small-cap stocks showed notable volatility, highlighted by Terrascend's 33.33% rise, indicating a generally optimistic market sentiment.
S&P/TSX 60 Climbs 0.41% as Cenovus Energy Soars 4.04% Amid Strong Market Sentiment
The S&P/TSX 60 index experienced a modest increase of 0.41% today, reflecting a positive trend with a 1.5% rise over the past five days and a 1.19% gain over the last month. This upward momentum is supported by a favorable advance-decline ratio across the market, with 441 stocks advancing compared to 244 declining, resulting in a ratio of 1.81.
In the large-cap segment, Cenovus Energy, Inc. emerged as the top performer, posting a return of 4.04%. Conversely, Brookfield Asset Management Ltd. struggled, recording a decline of 4.34%. The mid-cap sector saw First Majestic Silver Corp. leading with a notable return of 9.62%, while B2Gold Corp. faced challenges with a drop of 4.63%. Small-cap stocks showcased significant volatility, with Terrascend Corp. achieving an impressive return of 33.33%, while Intermap Technologies Corp. fell by 5.95%. The advance-decline ratios varied across market caps, with small caps showing the strongest performance at 1.92. Overall, the market reflects a generally positive sentiment, bolstered by strong performances in select sectors.

Mojo Stocks - The Top 1% Picks across Markets

Top 10 Large Cap Mid Cap Small Cap
{{col.header}}
Latest
OPEN CALL
CLOSED CALL
{{s[col.key]}} {{s.change_value}}
{{ s.score.value }} - {{ s.score.call_type }}
{{ s.dot_summary.score }} - {{ s.dot_summary.scoreText }}
{{s[col.key]}} {{col.extra}}

Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News