Stock Market Sees Mixed Movement with Top Gainers and Losers in Various Sectors
The stock market is constantly fluctuating, and today is no exception. As of now, out of the 1 sectors that are advancing, 0 are gaining while 1 is declining. The top losing sector is the S&P/TSX 60, which is down by 0.14%.
However, there are still some companies that are seeing positive movement in their stocks. Gildan Activewear, Inc. is the top large cap gainer with a 7.12% increase, while Curaleaf Holdings, Inc. and Terrascend Corp. are the top mid and small cap gainers with 16.28% and 21.57% gains respectively.
On the other hand, Ivanhoe Mines Ltd., First National Financial Corp. (Ontario), and Hut 8 Mining Corp. are the top large, mid, and small cap losers with -5.92%, -7.78%, and -6.14% losses respectively.
Looking at the overall market, the S&P/TSX 60 has an advance-decline ratio of 693 advances and 834 declines, with a ratio of 0.83x. This indicates that there are more declining stocks than advancing ones.
The S&P/TSX 60 Caps are also falling by 0.14%, further adding to the overall decline in the market.
Some of the top gainers in the S&P/TSX 60 include Denarius Metals Corp., Goldgroup Mining, Inc., and Hemlo Explorers, Inc. with infinite percentage gains. On the other hand, Mednow, Inc., CaNickel Mining Ltd., and Bettermoo(d) Food Corp. are the top losers with -63.64%, -60.00%, and -53.25% losses respectively.
Overall, the S&P/TSX 60 is currently trading at 1,494.57 with a loss of -2.15 points or -0.14%. While there are some companies that are seeing positive movement, the market is mostly driven by declines today. Investors should keep a close eye on the market and make informed decisions when it comes to their investments.