The Canadian Index

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Line chart showing the S&P/TSX composite index closing at a record high on August 25, 2026.

The record close was carried almost entirely by financials and materials as bank earnings season opened strong, with Scotiabank posting a record quarter and BMO delivering 22% earnings growth. Energy stocks moved the opposite direction the same session as WTI crude fell for a third straight day on easing Iran sanctions and Hormuz shipping-corridor diplomacy. Energy represents roughly 12% of the index by weight, so Tuesday's record reflects a composition effect rather than a broad-based rally.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Bar chart showing Canadian financial stocks climbing to 37 percent of the TSX index since February.

Canadian financials now make up 37% of the TSX composite, the largest share in eight years and up from 31% in March, as capital has rotated…

Canadian Bank Stocks Reach 37% of the TSX Composite

August 6, 2026

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Line chart of WTI crude oil spiking on a Houthi tanker claim before easing back toward 75 dollars a barrel.

WTI crude jumped to $77.83 a barrel shortly after 5 a.m.

WTI Crude Slips Back to $75 After Thursday's Pre-Dawn Spike

August 6, 2026

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Line chart showing the S&P/TSX Composite index falling after reaching a record high in July 2026.

The reversal came a day after oil past $100 a barrel lifted energy stocks but weighed on yield-sensitive banks, with Royal Bank, TD and BMO…

Record High, Then a Bank-Led Reversal: Inside Thursday's TSX Split

July 24, 2026

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Bar chart ranking TSX stock movers on July 20, 2026, showing the five largest banks falling while energy and technology names advanced.

The S&P/TSX Composite closed Monday at 34,960, down 0.86%, in a session split sharply along sector lines.

TSX Banks Fell Up to 2.6% Monday. Oil Is Already Giving Back Its Gains Tuesday

July 21, 2026

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Line chart showing the S&P/TSX Composite closing at 36,620.23, up 0.70 percent, over the past several weeks.

Friday's TSX gain to 36,620.23 was narrow, led by gold miners and financials while retailers lagged, and futures pointed softer as Iran…

Watch the Loonie, Not the Index, This Week

August 24, 2026

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Snapshot chart of TSX Composite, WTI crude, and USD/CAD closing levels on August 20, 2026.

The TSX Composite closed down 0.10 percent Thursday, its lowest close since August 6, as a Big Five bank selloff offset gains in energy and gold-linked names.

TSX Closes Flat as Bank Selloff Offsets Energy and Gold Gains

August 21, 2026

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