S&P/TSX 60 Gains 0.2% as Teck Resources Soars 8.33% Amid Strong Market Advance

4 hours ago
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The S&P/TSX 60 index rose by 0.2%, reflecting a slight upward trend over the past month. Teck Resources led large-cap gains with an 8.33% return, while Thomson Reuters struggled with a 15.83% decline. In mid-caps, Ivanhoe Mines excelled with an 8.63% increase, contrasting with The Descartes Systems' 9.01% drop. Almonty Industries stood out in the small-cap sector with a 17.59% return, while Altus Group fell by 10.59%. Overall, a healthy market breadth was observed, with a strong advance-decline ratio of 2.23x, indicating positive sentiment across all market segments.
S&P/TSX 60 Gains 0.2% as Teck Resources Soars 8.33% Amid Strong Market Advance
The S&P/TSX 60 index experienced a modest increase of 0.2% today, reflecting a slight upward trend of 0.17% over the past month. In the large-cap segment, Teck Resources Limited emerged as the top performer with a notable return of 8.33%, while Thomson Reuters Corp. faced challenges, posting a decline of 15.83%.
In the mid-cap category, Ivanhoe Mines Ltd. led the way with an impressive return of 8.63%, contrasting with The Descartes Systems Group, Inc., which saw a decrease of 9.01%. The small-cap sector showcased Almonty Industries, Inc. as the standout performer, achieving a remarkable return of 17.59%, while Altus Group Ltd. struggled with a decline of 10.59%. Overall, the market's advance-decline ratio indicates a healthy breadth, with 504 stocks advancing compared to 226 declining, resulting in a ratio of 2.23x. This positive sentiment is echoed across all market caps, with large-cap stocks showing a ratio of 2.06x, mid-caps at 2.19x, and small-caps at 1.9x.

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