After a day of pause, Canadian shares resumed their upward momentum on Wednesday as buyers reacted to company earnings, sturdy commodity costs, and the U.S. Federal Reserve’s newest assembly minutes, which bolstered confidence within the financial outlook. The S&P/TSX Composite Index jumped by 493 factors, or 1.5%, to settle at a contemporary all-time excessive of 33,390 — extending the benchmark’s year-to-date run to five.3%.
As buyers continued to rotate out of defensive sectorsgrowth-oriented shares attracted renewed shopping for curiosity throughout the board. Primarily, power in know-how, mining, and industrial shares helped energy the broader advance.
High TSX Composite movers and energetic shares
Shopify, Colliers Worldwide, Bombardierand First Majestic Silver had been the top-performing TSX shares for the day, with every climbing by at the least 5.5%.
On the flip aspect, TFI Worldwide (TSX: TFII) slipped 3.3% to $159.47 per share, making it one of many worst-performing TSX shares. This selloff in TFI inventory got here a day after the Saint-Laurent-based transportation and logistics agency reported softer fourth-quarter outcomes, with its income declining to US$1.91 billion resulting from weaker freight demand.
Final quarter, TFI’s working earnings additionally fell to US$127.2 million from US$160.2 million, whereas its web revenue dropped to US$71.7 million. Though the corporate’s free money circulate rose 25% yr over yr to US$258.9 million, and it elevated its dividend by 4%, cautious first-quarter 2026 earnings steerage appeared to have damage investor sentiment.
iA Monetary Company, Capstone Copperand Toromont Industries had been additionally among the many day’s backside performers on the Toronto Inventory Tradewith every slipping by at the least 2.2%.
Based mostly on their day by day commerce quantity, Enbridge, Manulife Monetary, Capstone Copper, Canadian Pure Assetsand Baytex Power had been the 5 most energetic shares on the change.
TSX in the present day
West Texas Intermediate crude oil futures costs jumped near their highest degree since August 2025 in early buying and selling on Thursday, however metals costs had been largely combined. Given these combined commodity alerts, the TSX might see selective sector strikes on the open in the present day.
Whereas no main home financial releases are due, Canadian buyers will regulate the most recent unemployment claims, manufacturing, and residential gross sales information from the US this morning.
As well as, company outcomes from either side of the border can even stay on buyers’ radar. A number of TSX-listed corporations, together with Altus Group, Sienna Senior Dwelling, Lundin Mining, Eldorado Gold, Superior Plus, Lundin Gold, Centerra Gold, Fairfax Monetary, Teck Assets, Cenovus Power, Sprottand Canadian Tirewill launch their newest quarterly earnings reviews in the present day.