TSX Finish Lower Midweek

2026-03-11 20:10 By Felipe Alarcon 1 min. read

The S&P/TSX Composite Index fell 0.5% to close at 33,120 on Wednesday as investors weighed the impacts of stubborn US inflation against persistent geopolitical volatility.

While rising energy prices offered support to producers like Cenovus (4.6%) and Canadian Natural Resources (3.3%), these gains were insufficient to offset downward pressure in the mining sector where companies such as Agnico Eagle (-1.9%) and Barrick Gold (-1.5%).

Consumer price data showing inflation at 2.4% reinforced concerns regarding a slower timeline for central bank policy easing.

Domestic financial stability also faced scrutiny after goeasy shares plummeted 18.2% following significant loan book charges while the technology sector found a floor through strong quarterly results from Oracle.

Market participants remain focused on how these supply chain and energy price developments will interact with the broader North American monetary policy landscape as the regional conflict continues to escalate.



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