Stock Market Update
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Canada Market’s highest volume stocks: Tourmaline Oil down 0.95%, Manulife Financial up 0.11%,
Transportation stocks like Canadian National Railways (CNR) and Air Canada (AC) experienced moderate declines of 0.28% and 0.73%, respectively, despite strong fundamentals.
Canada Market top gainers: Gold Reserve Ltd. surges 20.87%, Hive Digital Technologies Ltd. gains 12.99%
DeFi Technologies Inc. (DEFI) also showed strength, increasing by 11.25% to CAD 2.67, while Mogo Inc. (MOGO) gained 11.17% to CAD 1.99. Both companies are experiencing heightened demand in the finance sector.
Canada Market’s top indices: S&P/TSX +0.31%, S&P/TSX 60 +0.47% at opening
Similarly, the S&P/TSX Venture index, focusing on early-stage companies, fell by 6.23 points or -1.02% to 603.01, while the S&P/TSX Completion index, which tracks smaller companies outside the top 60, edged down by 5.7 points or -0.38%, sitting at 1,493.69.
Canada Market’s top losers: Enterprise Group Inc -15.07%, McCoy Global Inc -13.99%
Sol Strategies Inc (HODL) decreased by 11.33%, with a price of 1.33 CAD. Thinkific Labs Inc (THNC) also saw a dip of 10.77%, closing at 2.90 CAD, despite maintaining a strong buy status in the technology services sector.
Canada Market’s top gainers: Eastwood Bio-Med 26.67%, Molson Coors Canada Inc. 25.99%
ECN Capital Corp. (ECN) saw a 16.24% rise, trading at 2.76 CAD, as the finance sector stock benefits from market optimism despite negative earnings growth. Mattr Corp. (MATR) jumped 13.75% to 14.89 CAD, a leader in process industries, with a solid valuation and future growth potential.
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