S&P/TSX 60 Leads Market with 0.79% Gain, Top Gainers and Losers Revealed
The stock market is off to a strong start today, with the S&P/TSX 60 index trading at 1,580.74 and gaining 12.45 points, or 0.79%. The advance-decline ratio across the S&P/TSX 60 is also positive, with 944 advances and 696 declines, showing a ratio of 1.36x.
One of the main drivers of the market today is the rise in S&P/TSX 60 Caps, which is up by 0.79%. This is reflected in the top gainers of the day, with Denarius Metals Corp., Goldgroup Mining, Inc., and Hemlo Explorers, Inc. all showing significant increases.
On the other hand, the top losers of the day include E-L Financial Corp. Ltd., Mednow, Inc., and 79 Resources Ltd., with declines of -98.92%, -63.64%, and -56.00%, respectively.
Out of the 1 sector advancing today, the S&P/TSX 60 is leading the way with a gain of 0.79%. This is also reflected in the top large cap gainer, Kinross Gold Corp., which is up by 6.27%. The top mid cap gainer is Pan American Silver Corp., with a gain of 7.05%, while the top small cap gainer is Verano Holdings Corp., showing an impressive increase of 22.99%.
On the other hand, the top large cap loser is Restaurant Brands International LP, with a decline of -2.68%. The top mid cap loser is E-L Financial Corp. Ltd., with a significant decline of -98.92%, while the top small cap loser is Algoma Steel Group, Inc., showing a decline of -6.89%.
Overall, the market is showing positive momentum today, with the S&P/TSX 60 leading the way. Investors should keep an eye on the top gainers and losers, as well as the performance of different sectors, to make informed decisions about their investments.