The S&P/TSX Composite Index gained 4 per cent, or 848 points, for the three months ended with Wednesday’s close. The biggest individual contributors and detractors in point terms are depicted in the chart below.
Agnico Eagle Mines, the sole non-economically sensitive company in the top five , contributed 75 points with a 32.9 per cent return. Railway Canadian Pacific Kansas City is the fifth most positive contributor, adding 45 points after a 6.6 per cent appreciation. Small moves in big companies can have outsized effects on index performance.
Alimentation Couche-Tard rounded out the top five detractors, removing 18 points after dropping 4.4 per cent.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: