TSX Edges Lower

2026-02-12 14:50 By Felipe Alarcon 1 min. read

The S&P TSX Composite edged down 0.1% to below the 33,250 on Thursday, falling further from record highs as weakness in technology and select commodity names offset strength in financials and utilities.

Shopify fell around 4% despite recent rating upgrades, while Constellation Software dropped over 2.5% and Celestica lost around 3.5%.

Gold miners were broadly softer, with Barrick down 1.5%, Agnico Eagle off 1% and Kinross sliding 1.8%, even as bullion prices remain elevated this year.

In contrast, banks provided support, with Royal Bank rising 0.8%, TD up 0.7%, Scotiabank gaining 0.5% and National Bank adding 0.4%, reflecting resilience in the financial sector.

Sun Life surged nearly 5% after earnings, while Manulife fell 2.7% on weaker quarterly profit, sending mixed signals from insurers.

Energy shares were mixed as Suncor and Cenovus posted modest gains while Canadian Natural slipped.



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