S&P/TSX 60 Rises 0.31% as Top Companies Lead Market Gains

May 09 2025 01:02 PM IST

The stock market is on the rise today, with the S&P/TSX 60 gaining 0.31%. Top gainers include TELUS Corp., Air Canada, and NFI Group, Inc. However, some companies like Pembina Pipeline Corp., Curaleaf Holdings, Inc., and Docebo, Inc. are seeing decreases. The advance decline ratio is at 1.49x, indicating a majority of companies are seeing positive movement. The S&P/TSX 60 Caps is also rising, further solidifying the positive trend. Denarius Metals Corp., Goldgroup Mining, Inc., and Hemlo Explorers, Inc. are the top gainers, while Mednow, Inc., Triple One Metals, Inc., and AMPD Ventures, Inc. are the top losers. The S&P/TSX 60 sector is leading with a gain of 0.31%, with no sectors declining. Overall, it is a promising day for investors with strong performances from top companies and a positive market trend.

The stock market is showing positive movement today, with the S&P/TSX 60 trading at 1,521.24 and gaining 4.66 points or 0.31%. This is a good sign for investors as the market continues to rise. The top large cap gainer is TELUS Corp., with a gain of 7.12%, followed by Air Canada with a gain of 14.64% in the mid cap category and NFI Group, Inc. with a gain of 12.79% in the small cap category.

However, not all companies are seeing gains today. Pembina Pipeline Corp. is the top large cap loser, with a decrease of 5.85%, while Curaleaf Holdings, Inc. and Docebo, Inc. are the top mid cap and small cap losers with decreases of 5.79% and 17.10%, respectively.

The advance decline ratio across S&P/TSX 60 is at 1.49x, with 896 advances and 601 declines. This indicates that the majority of companies are seeing positive movement in the market. Additionally, the S&P/TSX 60 Caps is also rising by 0.31%, further solidifying the positive trend.

In terms of individual stocks, Denarius Metals Corp., Goldgroup Mining, Inc., and Hemlo Explorers, Inc. are the top gainers in the S&P/TSX 60, with an increase of inf%. On the other hand, Mednow, Inc., Triple One Metals, Inc., and AMPD Ventures, Inc. are the top losers with decreases of 63.64%, 60.00%, and 50.00%, respectively.

Out of the 1 sector advancing today, the S&P/TSX 60 is leading with a gain of 0.31%, while there are no sectors declining. This shows a strong performance across the board, with the S&P/TSX 60 being the top gaining sector.

Overall, the market is being driven by positive movement in the S&P/TSX 60 and strong performances from top companies like TELUS Corp. and Air Canada. With the majority of companies seeing gains and no sectors declining, it is a promising day for investors.

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