TSX Hovers Above the Flatline

2025-11-21 14:48 By Felipe Alarcon 1 min. read

The S&P/TSX Composite hovered above the flatline at the 29,900 level on Friday as the market attempted to pare part of this week’s roughly 1.2% slide while investors reassessed the risks around elevated AI spending.

Risk appetite was lifted after New York Fed President John Williams signalled a cautiously dovish stance and said policy remains modestly restrictive yet could require a further near term adjustment toward neutral.

Shopify was a top performer, gaining more than 2%, and large financial names such as RBC, TD Bank, BMO and Brookfield climbed between 0.7 and 1.3%.

Commodity producers largely offset those gains with Agnico Eagle and Canadian Natural Resources leading losses at slightly more than 1% each as gold and oil eased.

In corporate news Dye & Durham received a C$272 million private offer from Plantro and GFL Environmental saw a secondary offering from selling shareholders.



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