S&P/TSX 60 Climbs 0.84% as Celestica Soars 9.21% Amid Strong Advance-Decline Ratio
The S&P/TSX 60 index rose by 0.84% today, continuing a positive trend with a 0.71% increase over the past week and a significant 4.57% gain in the last 30 days. Celestica, Inc. led large-cap stocks with a 9.21% return, while Metro, Inc. fell by 1.77%. In mid-caps, New Gold, Inc. rose by 6.8%, contrasting with West Fraser Timber's 3.84% decline. Small-cap WildBrain Ltd. excelled with a 30.67% gain, while Sierra Madre Gold dropped 16.77%. The overall market showed strength, with a healthy advance-decline ratio of 1.9x.
The S&P/TSX 60 index experienced a notable increase of 0.84% today, reflecting a positive trend over the past week with a rise of 0.71%. Over the last 30 days, the index has surged by 4.57%, indicating a robust performance in the Canadian market.In the large-cap sector, Celestica, Inc. emerged as the top performer with a return of 9.21%, while Metro, Inc. lagged behind with a decline of 1.77%. Mid-cap stocks saw New Gold, Inc. leading with a return of 6.8%, contrasted by West Fraser Timber Co. Ltd., which fell by 3.84%. The small-cap segment showcased WildBrain Ltd. as a standout performer, achieving a remarkable return of 30.67%, whereas Sierra Madre Gold & Silver Ltd. faced a significant drop of 16.77%.
The overall market showed a healthy advance-decline ratio, with 438 stocks advancing compared to 231 declining, resulting in a ratio of 1.9x. In the large-cap category, 34 stocks advanced against 17 that declined, yielding a ratio of 2.0x. Mid-cap stocks had 44 advancing and 23 declining, while small-cap stocks reported 207 advancing and 117 declining, with respective ratios of 1.91x and 1.77x.
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