TSX Composite Index Reaches Record High as Gold Demand and Materials Drive Market Gains
Published on: Jan. 20, 2026, 2:55 a.m. | Source: scanx.trade
The S&P/TSX Composite Index reached a new record high of 33,090.96 points with a 0.2% gain, driven by materials sector strength as gold hit record prices. Canadian inflation rose 2.4% year-over-year in December, supporting expectations for unchanged Bank of Canada rates. While materials gained 2.2%, technology declined 1.3% amid broader global market volatility.
