S&P/TSX 60 Rises 0.57% as Cameco Corp. Soars 7.7% Amid Strong Market Momentum
The S&P/TSX 60 index rose by 0.57% today, continuing a positive trend with a 2.49% increase over the past month. Cameco Corp. led large-cap gains at 7.7%, while Thomson Reuters Corp. fell by 4.12%. In mid-caps, MDA Ltd. gained 3.72%, contrasting with Artemis Gold's 4.09% drop. The small-cap sector was notably volatile, with Neptune Digital Assets soaring 22.35% and The Good Flour Corp. declining 18.92%. Overall, the market showed a strong advance-decline ratio of 1.67x, indicating healthy investor sentiment across various segments.
The S&P/TSX 60 index experienced a modest increase of 0.57% today, reflecting a positive trend over the past month with a notable rise of 2.49%. In the large-cap segment, Cameco Corp. emerged as the top performer, delivering a return of 7.7%, while Thomson Reuters Corp. faced challenges, posting a decline of 4.12%.In the mid-cap category, MDA Ltd. led the way with a return of 3.72%, contrasting with Artemis Gold, Inc., which saw a decrease of 4.09%. The small-cap sector showcased significant volatility, with Neptune Digital Assets Corp. achieving an impressive return of 22.35%, while The Good Flour Corp. struggled, declining by 18.92%.
Overall, the market displayed a healthy advance-decline ratio, with 424 stocks advancing compared to 254 declining, resulting in a ratio of 1.67x. The large-cap stocks showed an even stronger performance with a ratio of 2.06x, while mid-cap stocks had a more balanced ratio of 1.16x. Small-cap stocks also fared well, with 207 advancing against 119 declining, yielding a ratio of 1.74x.
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