S&P/TSX 60 Jumps 1.26% as Telesat Corp. Soars 47.57% Amid Strong Market Rally
The Canadian equity market experienced a positive day, with the S&P/TSX 60 index rising 1.26%, reflecting a steady upward trend over the past month. Notable performers included Celestica, Inc. and MDA Ltd., which posted returns of 12.91% and 13.34%, respectively, while Suncor Energy, Inc. and Brookfield Infrastructure Corp. faced declines. The small-cap sector saw Telesat Corp. soar by 47.57%. Overall, the market's advance-decline ratio was strong, with 407 stocks advancing compared to 198 declining, indicating robust investor sentiment across sectors.
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