Analysts’ forecast returns, recommendations and yields for all stocks in the S&P/TSX SmallCap Index
· The Globe and Mail
AI Briefing
- • Small-cap stocks underperformed in June, with the S&P/TSX SmallCap Index declining 4.17%.
- • The S&P/TSX Composite Index rose 0.25% in June, contrasting the small-cap decline.
- • Despite the setback, the SmallCap Index is still on track to have a positive year.
Context
The S&P/TSX SmallCap Index declined 4.17 per cent in June. This decline occurred as the S&P/TSX Composite Index advanced 0.25 per cent, resulting in the SmallCap Index underperforming. The reversal in small-cap outperformance was sharp.
The performance of the S&P/TSX SmallCap Index matters as it provides insight into the returns and yields of small-cap stocks in Canada. Analysts' forecasts and recommendations for these stocks are significant for investors.
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