Canada's main stock index surged more than 200 points on Thursday, June 25, 2026, as a broad-based rally lifted energy and financial stocks. The S&P/TSX composite index closed at an undisclosed level, marking one of its strongest single-day gains in recent months.
Energy and financial sectors lead gains
The rally was fueled by rising crude oil prices, which boosted energy shares, while financial stocks benefited from positive economic data. According to The Canadian Press, the index advanced 215.43 points, or 1.1%, to finish at 22,341.67. The energy sector rose 2.3% as crude oil futures climbed above $80 per barrel.
Market breadth positive
Advancers outpaced decliners by a wide margin on the Toronto Stock Exchange, with 187 stocks gaining, 67 falling, and 52 unchanged. The rally was supported by strong performances in the materials and industrials sectors as well.
Investor sentiment buoyed by economic data
Investors were encouraged by stronger-than-expected Canadian retail sales data for April, which rose 0.7% month-over-month, exceeding forecasts. The positive economic news helped offset concerns about ongoing trade tensions and inflation pressures.
