2026.03.0414:45:04UTC+00TSX Rebounds on Wednesday

Canada’s S&P/TSX Composite Index climbed roughly 0.3% on Wednesday, moving back above the 33,900 level and reclaiming a portion of Tuesday’s 2.2% drop. The advance was driven by a sharp rebound in gold miners and a tech-led rally that outweighed weakness in information services.

Gold producers led the charge, with Agnico Eagle Mines, Barrick Gold, and Wheaton Precious Metals each gaining more than 1% as investors rotated back into metals. Additional momentum came from Shopify, which rose over 2% after announcing plans to expand its AI-driven international growth strategy.

These moves helped offset a more than 2% decline in Thomson Reuters and a 1.5% drop in Suncor Energy, pressured by softer crude oil prices. The financial sector also steadied, with Royal Bank of Canada up 0.3% and Bank of Montreal adding 0.5%, both turning positive on the day.

In spite of ongoing regional infrastructure risks in the Middle East, the TSX leveraged its heavy exposure to materials and software to secure a modest gain and extend its record-setting performance in 2026.