S&P/TSX 60 Rises 0.21% as Wheaton Precious Metals Soars 4.16% Amid Strong Advancements
The S&P/TSX 60 index rose by 0.21% today, marking a 1.84% increase over the past month, driven by positive market sentiment. A total of 439 stocks advanced, outpacing 276 declines, with an overall advance-decline ratio of 1.59. Notable performers included Wheaton Precious Metals Corp. with a 4.16% gain and New Gold, Inc. with an impressive 11.98% return in the mid-cap sector. Conversely, Celestica, Inc. and Lundin Mining Corp. faced declines. Small-cap stocks also showed strength, highlighted by Americas Gold & Silver Corp.'s 18.74% return, reflecting a consistent trend of upward movement across market segments.
The S&P/TSX 60 index experienced a modest increase of 0.21% today, contributing to a notable rise of 1.84% over the past 30 days. This upward trend reflects a generally positive sentiment across the market, with 439 stocks advancing compared to 276 declining, resulting in an advance-decline ratio of 1.59.In the large-cap segment, Wheaton Precious Metals Corp. emerged as the top performer, achieving a return of 4.16%. Conversely, Celestica, Inc. struggled, posting a decline of 6.55%. The mid-cap sector saw New Gold, Inc. leading with an impressive return of 11.98%, while Lundin Mining Corp. faced challenges, declining by 10.91%.
Among small-cap stocks, Americas Gold & Silver Corp. stood out with a remarkable return of 18.74%, while Titan Mining Corp. lagged behind with a decrease of 10.68%. The advance-decline ratios for large, mid, and small-cap stocks were 1.6, 1.54, and 1.5, respectively, indicating a consistent trend of more stocks advancing than declining across all market segments.
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