Canadian shares continued to surge for a second consecutive session on Thursday as agency commodity costs, sturdy U.S. manufacturing information, and largely better-than-expected company earnings boosted investor confidence. Consequently, the S&P/TSX Composite Index climbed by 205 factors, or 0.6%, to shut at a brand new file excessive of 33,595 — extending its weekly positive factors to 1.6%.
Regardless of weak spot in some client cyclical and monetary sharessturdy positive factors in different key sectorsreminiscent of mining, power, and know-how, guided the TSX benchmark to new heights.
High TSX Composite movers and energetic shares
First Majestic Silver (TSX: AG) jumped by practically 10% to $ 33.96 per share, making it one of many top-performing TSX shares for the day. This sharp rally within the AG inventory got here after the Vancouver-based mining agency posted file fourth-quarter and full-year 2025 outcomes, reflecting the 169% year-over-year surge in its quarterly income to $463.9 million and a 77% bounce in quarterly silver manufacturing to 4.2 million ounces.
The corporate additionally posted web revenue of $105.2 million for the fourth quarter in comparison with a loss a yr in the past, whereas its quarterly free money move greater than tripled to a file $250.4 million. Including to investor optimism, First Majestic ended 2025 with a file treasury steadiness of $937.7 million and introduced a quarterly dividend of $0.0083 per share. Up to now in 2026, AG inventory has risen 49%.
Torex Gold Sources, SSR Miningand Curaleaf had been additionally among the many session’s high gainers on the Toronto Inventory Tradewith every climbing by a minimum of 8.8%.
Nonetheless, Bausch Well being, B2Gold, Tase Minesand Brookfield Asset Administration fell by a minimum of 4.3% every, making them the session’s worst-performing TSX shares.
Primarily based on their day by day commerce quantity, B2Gold, Baytex Power, Canadian Pure Sources, Enbridgeand Cenovus Power had been the 5 most energetic shares on the trade.
TSX immediately
West Texas Intermediate crude oil futures costs retreated in early Friday buying and selling after climbing to their highest degree in over six months. On the identical time, valuable metals continued to pattern increased. Given these combined to barely optimistic alerts from key commodities, the TSX may see a comparatively regular begin to the session immediately.
Along with the home retail gross sales numbers, Canadian buyers will carefully watch private consumption expenditure (PCE), advance gross home product (GDP), manufacturing, providers, and new house gross sales information from america this morning. These essential financial reviews may provide broader perception into client demand and general development momentum. Any shock in U.S. GDP or inflation-linked PCE information might affect bond yields and rate of interest expectations.
On the company occasions facet, the TSX-listed firms Hudbay Minerals, Onexand SECURE Waste Infrastructure will announce their newest quarterly outcomes immediately.