S&P/TSX 60 Dips 0.18% as Teck Resources Soars 3.37% Amid Mixed Market Trends
The S&P/TSX 60 index dipped 0.18% today but has gained 1.91% over the past month. Teck Resources Limited led large-cap stocks with a 3.37% return, while Cameco Corp. fell by 2.12%. In mid-caps, China Gold International Resources Corp. excelled with a 7.58% return, contrasting with Bombardier's -9.34%. Small-cap TRX Gold Corp. surged 21.94%, while Sigma Lithium Corp. declined by 8.48%. Overall, the market saw more decliners than advancers, with a ratio of 0.84, though mid-caps performed better at 1.2.
The S&P/TSX 60 index experienced a slight decline of 0.18% today, although it has shown a positive trend over the past month, rising by 1.91%. In the large-cap sector, Teck Resources Limited emerged as the top performer with a return of 3.37%, while Cameco Corp. lagged behind, recording a return of -2.12%.In the mid-cap category, China Gold International Resources Corp. Ltd. led the pack with a notable return of 7.58%. Conversely, Bombardier, Inc. struggled, posting a return of -9.34%. The small-cap segment saw TRX Gold Corp. shine with an impressive return of 21.94%, while Sigma Lithium Corp. faced challenges, returning -8.48%.
Overall, the advance-decline ratio across the market indicated that 329 stocks advanced compared to 394 that declined, resulting in a ratio of 0.84. In the large-cap space, 24 stocks advanced against 28 that declined, while mid-cap stocks showed a healthier ratio of 1.2 with 36 advancing and 30 declining. Small-cap stocks had 150 advancing versus 181 declining, reflecting a ratio of 0.83.
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