S&P/ TSX Composite closes 0.75 percent lower at 36,137.19

The S&P/TSX Composite closed lower on Thursday, November 12, 2026, as weakness in base-metals and other materials shares pressured Canada's broad equity benchmark. The index fell 274.53 points to 36,137.19, equivalent to a decline of approximately 0.75 percent from Wednesday's close at 36,411.72.

Materials sector leads decline

The Canadian Press reported that losses in the base-metals sector were the main drag on the Canadian index. The same report said U.S. stock markets also ended lower, adding to the cautious tone in North American equities.

Earlier in the session, Reuters said the materials sector was the biggest laggard, with lower gold prices weighing on miners. Gold fell almost 3 percent to a more-than-one-year low, according to the report, while rising oil prices raised concerns about inflation and interest rates. Financial and healthcare shares also weighed on the benchmark during the morning session.

Technology limits broader weakness

Technology stocks provided a partial counterweight, rising during the session as gains in Celestica helped the sector. Reuters reported that the technology advance limited the impact of weakness in U.S. AI-linked shares after Nvidia CEO Jensen Huang's departure. That support was not sufficient to offset the decline in materials and other major sectors.

Index remains above prior levels

The close followed a 241.27-point gain on November 11. The S&P Dow Jones Indices identifies the S&P/TSX Composite as the broad Canadian equity-market benchmark and listed its November 11 level at 36,411.72. For investors, Thursday's move highlights the index's sensitivity to commodity prices because materials, energy and financial companies represent substantial parts of the Canadian market. The session's performance alone does not establish a lasting change in that sector leadership.

Weitere Berichte zum Index finden Sie auf der S&P/TSX Composite topic page.