20 August 2025, 18:44 Canada: TSX Lifted by Commodity Producers.
Canada’s S&P/TSX Composite Index rose 0.3% to above the 27,880 mark on Wednesday, as the resource-heavy index was supported by higher oil and gold prices. Major miners Agnico Eagle, Wheaton Precious, and Barrick Gold advanced over 1% each, while energy heavyweight Canadian Natural Resources also gained more than 1%, leading its sector. However, momentum was capped as Toronto tech giants Shopify and Celestica fell 0.8% and 1.5%, respectively, amid renewed doubts over the sustainability of the US tech rally. Attention now turns to Federal Reserve Chair Jerome Powell’s speech on Friday, with markets watching for any pushback against growing expectations of a rate cut as early as next month.
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