S&P/TSX 60 Rises 1.6% as Kinross Gold Soars 6.33% Amid Strong Advance-Decline Ratio

3 hours ago
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The S&P/TSX 60 index rose by 1.6% today and 1.83% over the past week, despite a slight 0.03% decline over the last month. Kinross Gold Corp. led large-cap gains with a 6.33% increase, while TELUS Corp. fell by 3.22%. In mid-caps, Magna International surged 18.94%, contrasting with Colliers International's 3.42% drop. Algoma Steel excelled in small caps with a 12.86% return, while Electrovaya declined by 11.38%. Overall, the market showed a strong advance-decline ratio of 3.5x, indicating broad-based positive momentum across all market segments.
S&P/TSX 60 Rises 1.6% as Kinross Gold Soars 6.33% Amid Strong Advance-Decline Ratio
The S&P/TSX 60 index experienced a notable uptick, rising by 1.6% today and showing a 1.83% increase over the past five days. However, it has seen a slight decline of 0.03% over the last 30 days. In the large-cap segment, Kinross Gold Corp. emerged as the top performer with a return of 6.33%, while TELUS Corp. lagged behind with a decline of 3.22%.
In the mid-cap category, Magna International, Inc. led the way with an impressive return of 18.94%, contrasting with Colliers International Group, Inc., which fell by 3.42%. The small-cap sector saw Algoma Steel Group, Inc. shine with a return of 12.86%, while Electrovaya, Inc. faced challenges, declining by 11.38%. Overall, the market showed a strong advance-decline ratio, with 542 stocks advancing compared to 155 declining, resulting in a ratio of 3.5x. This positive trend was reflected across all market caps, with large caps at 3.73x, mid caps at 4.67x, and small caps at 4.16x, indicating a robust market performance today.

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