27 February 2026, 02:34 Canada: TSX Sees New Highs.
Canada's S&P/TSX Composite Index rose 1.1% to close at a record 34,502 on Thursday, as momentum in technology, gold, and financials offset a decline among major banks. The banking sector saw CIBC surge 2.9% and TD Bank add 1.6% after exceeding quarterly estimates, while RBC tumbled 2.1% amid rising credit cost concerns. Technology shares provided a significant boost, with Shopify gaining 4.6% and Constellation Software jumping 6%. Gold miners also supported the index as Agnico Eagle rose 2.6% and Wheaton Precious Metals added 2.3%. Energy heavyweights underperformed as Enbridge and Suncor fell roughly 0.4% amid soft crude prices. In the industrial space, Stantec jumped 5.5%, while Celestica and Gildan Activewear fell 5.2% and 3.1% respectively following disappointing data. Investors anticipated tomorrow's GDP figures.
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