The Canadian Index

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Chart showing wide dispersion among TSX Composite stocks during Thursday's record session, with thirteen names moving more than four percent.

The TSX Composite closed at a fourth consecutive record Thursday, but the headline gain concealed sharp dispersion underneath. Thirteen constituents moved more than four percent in either direction, including Pan American Silver, which fell 9.78%, even as gold itself slipped only 1.35% following a cooler than expected US inflation print. The mismatch between the metal and the miner is a familiar pattern in behavioural finance after a well anticipated data release, often described as selling the news.

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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Line chart of the TSX Composite over a volatile week in which only the energy sector posted a gain.

The TSX Composite closed the week at 35,806.65, down 67.61 points Friday with decliners outnumbering advancers by roughly 400.

The TSX Closed a Volatile Week at 35,806.65. Energy Was the Only Sector That Actually Held.

September 21, 2026

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Line chart showing gold prices swinging sharply lower then higher over two weeks in late August.

A blowout US payrolls report showing 162,000 new jobs, far above the roughly 58,000 consensus estimate, reversed a rate-cut narrative built…

US Employers Added 162,000 Jobs in August, Blowing Past Estimates and Undercutting the Week's Gold Rally

September 4, 2026

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Line chart of Brent crude, the S&P/TSX Composite and gold futures rebased to 100 at the August 31 close.

Brent was the only one of the three to finish above its starting level, while the index and gold both fell.

Brent, TSX and Gold Rebased to the August 31 Close

September 30, 2026

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Line chart of Government of Canada 2-year, 5-year and 10-year benchmark yields, August 31 to September 29, 2026.

The Bank of Canada held its policy rate at 2.25% for a seventh straight time, yet Canadian yields rose as United States yields surged.

Government of Canada Benchmark Yields, September 2026

September 30, 2026

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Line chart of the S&P/TSX Composite daily close for September 2026, with a shaded slide and a dashed line at the August 25 record.

The index fell for the month even though Brent crude gained and the Strait of Hormuz stayed shut, because rising United States bond yields outweighed oil and gold.

S&P/TSX Composite Daily Close Through September 2026

September 30, 2026

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Line chart of Government of Canada 2-year, 5-year and 10-year benchmark yields through August 2026, with a shaded span at the August 21 peak.

Canadian yields drifted higher through August even though the Bank of Canada held its policy rate at 2.25% and had no decision to make during the month.

Government of Canada Benchmark Yields, August 2026

August 31, 2026

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