Stock Market Gains Momentum, S&P/TSX 60 Up 0.40% with Top Gainers Cenovus Energy and Curaleaf Holdings

Apr 18 2025 01:02 PM IST
The stock market is experiencing a positive trend today, with the S&P/TSX 60 trading at 1,451.01 and gaining 5.81 points or 0.40%. Cenovus Energy, Inc., Curaleaf Holdings, Inc., and Verano Holdings Corp. are the top gainers in their respective categories. However, Restaurant Brands International LP, Immutable Holdings, Inc., and Rusoro Mining Ltd. are facing losses. The overall market sentiment is positive, with an advance decline ratio of 1.04x and all sectors advancing. Notable companies driving the market include Denarius Metals Corp., Goldgroup Mining, Inc., and Hemlo Explorers, Inc., while Mednow, Inc., 4Front Ventures Corp., and AMPD Ventures, Inc. are the top losers.



The stock market is on the rise today, with the S&P/TSX 60 trading at 1,451.01 and gaining 5.81 points or 0.40%. This positive momentum is reflected in the top gainers of the day, with Cenovus Energy, Inc. leading the large cap category with a 3.65% increase. In the mid cap category, Curaleaf Holdings, Inc. is the top gainer with a significant 14.53% jump, while Verano Holdings Corp. takes the top spot in the small cap category with a 15.29% increase.

However, not all companies are experiencing gains today. Restaurant Brands International LP is the top loser in the large cap category, with a decrease of 2.97%. Immutable Holdings, Inc. and Rusoro Mining Ltd. are also facing losses in the mid cap and small cap categories, with declines of 4.17% and 14.93% respectively.

Despite these losses, the overall market sentiment is positive, with an advance decline ratio of 789 advances to 761 declines, indicating a 1.04x ratio. The S&P/TSX 60 Caps is also on the rise, increasing by 0.4%. This upward trend is further supported by the fact that out of the 1 sector advancing today, there are no sectors declining. The top gaining sector is the S&P/TSX 60, with a 0.40% increase.

Some notable companies driving the market today include Denarius Metals Corp., Goldgroup Mining, Inc., and Hemlo Explorers, Inc., all of which have seen significant gains of inf%. On the other hand, Mednow, Inc., 4Front Ventures Corp., and AMPD Ventures, Inc. are the top losers of the day, with declines of 63.64%, 50.00%, and 50.00% respectively.

Overall, the stock market is showing positive signs today, with the S&P/TSX 60 leading the way. Investors can expect to see continued growth and potential opportunities in the market as the day progresses.

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