S&P/TSX 60 Rises 0.63% as Cameco Corp. Soars 7.15% Amid Strong Market Advance

Aug 24 2026 03:11 PM IST
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The S&P/TSX 60 index rose by 0.63% today, marking a 2.86% increase over the past month, reflecting positive sentiment in the Canadian equity market. Cameco Corp. led large-cap stocks with a 7.15% gain, while Hydro One Ltd. fell by 3.36%. In mid-caps, Ivanhoe Mines Ltd. surged 8.32%, contrasting with a 3.58% decline for Canadian Utilities Ltd. The small-cap sector thrived, with Largo Inc. up 15.38%. Overall, the market showed healthy breadth, with 409 advancing stocks versus 240 declining, indicating strong momentum across all segments.
S&P/TSX 60 Rises 0.63% as Cameco Corp. Soars 7.15% Amid Strong Market Advance
The S&P/TSX 60 index experienced a modest increase of 0.63% today, contributing to a notable 2.86% rise over the past 30 days. This upward trend reflects a generally positive sentiment across the Canadian equity market.
In the large-cap segment, Cameco Corp. emerged as the top performer with a return of 7.15%, while Hydro One Ltd. lagged behind, recording a decline of 3.36%. Mid-cap stocks saw Ivanhoe Mines Ltd. leading with an impressive return of 8.32%, contrasted by Canadian Utilities Ltd., which fell by 3.58%. The small-cap sector was particularly vibrant, with Largo Inc. achieving a remarkable return of 15.38%, while Firan Technology Group Corp. faced a downturn of 6.08%. Overall, the advance-decline ratio across the market indicated a healthy breadth, with 409 stocks advancing compared to 240 declining, resulting in a ratio of 1.7x. This positive momentum was echoed in the small-cap segment, where 189 stocks advanced against 111 decliners, maintaining a ratio of 1.7x. The mid-cap and large-cap segments also showed favorable ratios of 1.6x and 1.48x, respectively, highlighting a robust market environment.

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