CANADA STOCKS-TSX closes flat; mining, energy shares rally

Reuters
2026.01.27 22:24
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Canada's main stock index, the S&P/TSX Composite, closed slightly higher at 33,096.40, up 0.01%, driven by gains in energy and gold stocks. The energy index rose 1.08% due to increased crude prices, while the gold index gained 0.45%. However, consumer staples fell 2.22%, with Metro down 5.4% after disappointing Q1 results. Investors await interest rate decisions from the Bank of Canada and the U.S. Federal Reserve this week, with expectations of rates remaining unchanged. Cogeco Communications saw a significant drop of 5.9% following news of a stake sale by La Caisse.