S&P/TSX 60 Drops 0.75% as Power Corp. Soars 3.43% Amid Market Struggles

Aug 04 2026 03:13 PM IST
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The S&P/TSX 60 index fell by 0.75% today and has decreased slightly by 0.09% over the past week, although it has risen 1.6% in the last month. Power Corp. of Canada led large-cap stocks with a 3.43% gain, while TELUS Corp. faced an 11.27% loss. In mid-caps, Gildan Activewear rose by 5.77%, contrasting with Eldorado Gold's 7.8% decline. Small-cap EcoSynthetix gained 8.27%, while Dundee Corp. dropped 8.29%. Overall, the market showed a challenging environment with more decliners than advancers, reflected in a 0.65x advance-decline ratio.
S&P/TSX 60 Drops 0.75% as Power Corp. Soars 3.43% Amid Market Struggles
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 segment, Power Corp. of Canada emerged as the top performer, posting a return of 3.43%. Conversely, TELUS Corp. struggled significantly, recording a loss 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%. Among small-cap stocks, EcoSynthetix, Inc. stood out with an impressive return of 8.27%, while Dundee Corp. lagged behind with a decline of 8.29%. Overall, the market's advance-decline ratio indicates a challenging environment, with 243 stocks advancing against 371 declining, resulting in a ratio of 0.65x. The large-cap sector showed a similar trend, with 19 advancing and 32 declining, while mid-cap and small-cap stocks also faced more decliners than advancers.

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