S&P/TSX 60 Dips 0.75% as Power Corp. Soars 3.43% Amid Mixed Earnings Reports

Aug 03 2026 03:11 PM IST
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The S&P/TSX 60 index fell by 0.75% today, reflecting a minor 0.09% dip over the past week, but it has gained 1.6% over the last month. Power Corp. of Canada led large-cap stocks with a 3.43% increase, while TELUS Corp. faced an 11.27% decline. In mid-caps, Gildan Activewear rose by 5.77%, contrasting with Eldorado Gold's 7.8% drop. Small-cap EcoSynthetix surged 8.27%, while Dundee Corp. fell by 8.29%. Overall, market breadth was negative, with more stocks declining than advancing across all categories.
S&P/TSX 60 Dips 0.75% as Power Corp. Soars 3.43% Amid Mixed Earnings Reports
The S&P/TSX 60 index experienced a decline of 0.75% today, reflecting a slight decrease of 0.09% over the past five days. However, the index has shown resilience with a 1.6% increase over the last 30 days.
In the large-cap sector, Power Corp. of Canada emerged as the top performer, posting a return of 3.43%. Conversely, TELUS Corp. struggled significantly, recording a decline of 11.27%. Mid-cap stocks saw Gildan Activewear, Inc. lead with a return of 5.77%, while Eldorado Gold Corp. faced challenges, declining by 7.8%. In the small-cap category, EcoSynthetix, Inc. stood out with an impressive return of 8.27%, whereas Dundee Corp. fell by 8.29%. Overall market breadth indicated that 243 stocks advanced while 371 declined, resulting in an advance-decline ratio of 0.65x. The large-cap segment had 19 advancing stocks against 32 declining, yielding a ratio of 0.59x. Mid-cap stocks showed 27 advancing versus 39 declining, with a ratio of 0.69x, while small caps had 126 advancing and 169 declining, resulting in a ratio of 0.75x.

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