S&P/TSX 60 Rises 0.65% as Constellation Software Soars 8.48% Amid Strong Advance-Decline Ratio

Feb 05 2026 03:18 PM IST
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The S&P/TSX 60 index rose by 0.65%, marking a 1.79% increase over the past week and a 0.82% gain in the last month, indicating a positive trend in the Canadian market. Constellation Software led large-cap stocks with an 8.48% return, while Cameco Corp. fell by 8.81%. In mid-caps, West Fraser Timber gained 7.18%, contrasting with Lundin Mining's 9.51% decline. Small-cap Artis Real Estate soared by 237.3%, while Electrovaya dropped 17.64%. Overall, market breadth was favorable, with a strong advance-decline ratio, particularly among large-cap stocks, reflecting robust investor sentiment.
S&P/TSX 60 Rises 0.65% as Constellation Software Soars 8.48% Amid Strong Advance-Decline Ratio
The S&P/TSX 60 index experienced a positive day, rising by 0.65%, and has shown a notable increase of 1.79% over the past five days. Over the last 30 days, the index is up by 0.82%, indicating a steady upward trend in the Canadian market.
In the large-cap segment, Constellation Software, Inc. emerged as the top performer with a return of 8.48%, while Cameco Corp. lagged behind with a decline of 8.81%. Mid-cap stocks saw West Fraser Timber Co. Ltd. leading with a return of 7.18%, contrasted by Lundin Mining Corp., which fell by 9.51%. The small-cap sector was dominated by Artis Real Estate Investment Trust, boasting an impressive return of 237.3%, while Electrovaya, Inc. faced a significant drop of 17.64%. Market breadth was positive, with 389 stocks advancing compared to 310 declining, resulting in an overall advance-decline ratio of 1.25x. Large-cap stocks showed a stronger performance with an advance-decline ratio of 2.71x, while mid-caps and small-caps reported ratios of 2.53x and 1.83x, respectively. This data reflects a robust market sentiment, particularly among larger companies.

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