S&P/ TSX Composite gains 39 points as Denison leads
Published on 10/16/2026 at 23:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRates and resource stocks
- October 16 close: 36,177 points, up 39 points or 0.1 percent.
- Oil settled at USD 99.02 while gold rose to USD 4,181.10.
- Denison Mines gained 9.3 percent; Orla Mining and Equinox Gold rose 7.3 percent.
- Canada CPI is due October 19 at 8:30 a.m. ET.
The S&P/TSX Composite closed Friday, October 16, at 36,177 points, up 39 points or 0.1 percent. The Canadian Press reported the closing level, while Thursday's close was 36,137 points, as shown by Investing.com. Rising commodity prices supported the resource-heavy index.
Denison Mines was among the strongest stocks, gaining 9.3 percent. Orla Mining and Equinox Gold each rose 7.3 percent, according to Sunday Guardian.
Why did the S&P/TSX Composite rise?
Materials and energy shares led the advance as gold and silver prices strengthened. The materials sector rose 1.0 percent and energy gained 1.2 percent at 10:30 a.m. ET, Reuters reported through Marketscreener.
Oil finished at USD 99.02 per barrel, while gold settled at USD 4,181.10 an ounce. The Canadian dollar traded at 70.65 US cents, according to The Canadian Press.
Winners and losers in the S&P/TSX Composite
Stock moves for the October 16 session were summarized by Sunday Guardian:
- Denison Mines up 9.3 percent: uranium-sector strength
- Orla Mining up 7.3 percent: stronger precious and base-metal prices
- Equinox Gold up 7.3 percent: improved sentiment toward gold producers
- Allied Properties REIT down 5.4 percent: housing weakness and borrowing costs
- H&R Real Estate Investment Trust down 4.9 percent: higher financing costs
- FirstService down 4.2 percent: selling pressure in property-related shares
What comes next for the S&P/TSX Composite
- October 19, 2026, 8:30 a.m. ET: Canada's September CPI is due; RBC expects annual inflation at 3.0 percent, RBC says.
- October 19, 2026, 11:30 a.m. ET: The Bank of Canada publishes its third-quarter business and consumer outlook surveys, the central bank said.
S&P/TSX Composite price data for October 16, 2026
The S&P/TSX Composite closed at 36,177 points on October 16, 2026, according to The Canadian Press. It rose 39 points, or 0.1 percent, from the previous close of 36,137 points.
S&P/TSX Composite by the numbers on October 16, 2026
- Index: S&P/TSX Composite
- Home exchange: Toronto Stock Exchange, Canada
- Close on October 16, 2026: 36,177 points
- Change versus previous close of October 15, 2026: up 39 points (up 0.1 percent)
- Previous close: 36,137 points
- Top gainer: Denison Mines up 9.3 percent
- Top loser: Allied Properties REIT down 5.4 percent
- Next scheduled event: October 19, 2026, 8:30 a.m. ET: Canada's September CPI
