The S&P/TSX Composite climbed 0.3% to close at a fresh record of 26,056 on Tuesday—following ten straight sessions of gains—as investors returned from the holiday to digest Canada’s April CPI and the fallout from Moody’s May 16 downgrade of US sovereign debt to Aa1. Headline inflation eased to 1.7% year-on-year—the softest in seven months—yet the Bank of Canada’s trimmed-mean core CPI unexpectedly accelerated to 3.1%, its highest in thirteen months, underscoring persistent price pressures and dimming the prospect of imminent rate cuts. High-level trade talks between US VP Vance and Canadian PM Carney in Rome, alongside discussions at this week’s G7 finance-ministers’ meeting, have also rekindled hopes for US tariff relief. In equities, materials names led by Agnico Eagle, Wheaton Precious Metals, and Barrick Gold, jumped between 4.3%–5.3% on safe-haven flows into gold amid US fiscal strains, while major banks likewise edged higher. Conversely, Shopify lost 4.4%.
The main stock market index in Canada (TSX) increased 1328 points or 5.37% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from Canada. Historically, the Canada Stock Market Index (TSX) reached an all time high of 26117.13 in May of 2025. Canada Stock Market Index (TSX) - data, forecasts, historical chart - was last updated on May 20 of 2025.
The main stock market index in Canada (TSX) increased 1328 points or 5.37% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from Canada. The Canada Stock Market Index (TSX) is expected to trade at 25662.86 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 24756.44 in 12 months time.