S&P/TSX 60 Soars 1.6% as Advance-Decline Ratio Hits 3.5x; Magna Leads Gains!

Feb 17 2026 03:30 PM IST
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The Canadian equity market experienced a positive shift today, with the S&P/TSX 60 index rising 1.6%. Over the past week, the index has gained 1.83%, despite a slight monthly decline of 0.03%. Notable performers included Kinross Gold Corp. and Magna International, which saw returns of 6.33% and 18.94%, respectively. In contrast, TELUS Corp. and Colliers International faced declines. The market's advance-decline ratio of 3.5x, particularly strong in small-cap stocks at 4.16x, indicates robust market breadth and positive investor sentiment.
S&P/TSX 60 Soars 1.6% as Advance-Decline Ratio Hits 3.5x; Magna Leads Gains!
The Canadian equity market showed a positive trend today, with the S&P/TSX 60 index rising by 1.6%. Over the past five days, the index has gained 1.83%, although it has experienced a slight decline of 0.03% over the last month.
In the large-cap segment, Kinross Gold Corp. emerged as the top performer, delivering a return of 6.33%. Conversely, TELUS Corp. struggled, posting a return of -3.22%. The mid-cap sector saw Magna International, Inc. leading with an impressive return of 18.94%, while Colliers International Group, Inc. lagged with a return of -3.42%. Among small-cap stocks, Algoma Steel Group, Inc. excelled with a return of 12.86%, while Electrovaya, Inc. faced challenges, returning -11.38%. The overall market's advance-decline ratio indicates a healthy breadth, with 542 stocks advancing compared to 155 declining, resulting in a ratio of 3.5x. This positive sentiment is reflected across all market capitalizations, with small-cap stocks showing the strongest advance-decline ratio at 4.16x.

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