TSX Near the Close (Feb 3, 2026): S&P/TSX Composite Finishes Higher as Miners Lead and Big Tech Slips

TSX Near the Close (Feb 3, 2026): S&P/TSX Composite Finishes Higher as Miners Lead and Big Tech Slips

Canada’s main stock benchmark held onto gains into the final stretch of Tuesday’s session, with strength in resource-linked names helping offset sharp declines in several heavyweight tech and financial-services stocks. By late afternoon in New York, the S&P/TSX Composite was modestly higher, while the tape showed a busy day in a handful of energy and gold names as traders positioned into the close.

Data below reflects the TSX market snapshot and leaderboards published by BNN Bloomberg’s TSX markets page.

S&P/TSX Composite Index

32,296.32 +112.44 +0.35%

As of: Feb 3, 2026, 4:09 p.m. ET

Quick read into the close

Advancers outpaced decliners, while a cluster of miners and commodity-linked names dominated the gainers list. On the downside, several large-cap tech and market-infrastructure names posted steep percentage drops, tightening breadth beneath the headline index move.

Market digest

Total volume

316,597,472

Currency

CAD

Issues advancing

137

Issues declining

81

Previous close

32,183.88

Price earnings ratio

20.79

1 year total return

31.37%

Year to date return

2.03%

30 day average volume

287,526,963.37

Valuation ratios

P/B 2.60 | P/S 2.23

The breadth numbers leaned constructive into late trading, but the day’s character was mixed: a few outsized percentage moves were enough to dominate the leaderboards, while the broader list of stocks looked steadier than the headlines suggested.

Most active near the close

Volume clustered in a familiar mix of energy, pipelines, gold exposure and airlines. Below are the most actively traded TSX names shown on the leaderboard into late afternoon.

NuVista Energy Ltd at $18.78 +0.26 +1.40%

Volume: 13,789,327

B2Gold Corp at $6.84 +0.17 +2.55%

Volume: 9,944,821

Enbridge Inc at $67.27 +1.28 +1.94%

Volume: 9,040,710

Barrick Mining Corp at $64.85 +1.48 +2.34%

Volume: 8,585,060

Baytex Energy Corp at $4.80 +0.19 +4.12%

Volume: 8,411,572

TELUS Corp at $18.92 +0.04 +0.21%

Volume: 7,327,940

Manulife Financial Corp at $51.91 -0.55 -1.05%

Volume: 6,558,430

Air Canada at $20.67 +1.09 +5.57%

Volume: 6,418,464

When the most active list tilts toward energy, gold and pipelines, it often signals a market more sensitive to commodity swings than to broad growth narratives. Tuesday’s late-day tape looked exactly like that, with miners climbing even as some large-cap software names retreated sharply.

Top TSX percentage gainers into late trading

The gainers list was dominated by energy, copper, uranium and precious-metals exposure. These outsized moves can reshape sector leadership quickly, especially on sessions when the index itself is only modestly higher.

Energy Fuels Inc at $33.41 +4.69 +16.33%

Volume: 1,943,965

Taseko Mines Ltd at $12.02 +1.47 +13.93%

Volume: 1,805,128

Ivanhoe Mines Ltd at $18.62 +1.48 +8.63%

Volume: 5,907,865

Hudbay Minerals Inc at $35.79 +2.83 +8.59%

Volume: 2,316,356

Lithium Americas Corp at $7.03 +0.55 +8.49%

Volume: 2,235,121

Aya Gold & Silver Inc at $23.30 +1.81 +8.42%

Volume: 2,373,972

Teck Resources Ltd at $80.76 +6.21 +8.33%

Volume: 1,480,280

Denison Mines Corp at $5.58 +0.41 +7.93%

Volume: 4,152,887

First Majestic Silver Corp at $30.08 +2.19 +7.85%

Volume: 2,596,972

TSX losers near the close

Despite the S&P/TSX Composite holding modest gains into the close, several large-cap stocks ended the session sharply lower, with technology, financial services and market-infrastructure names leading the declines.

Thomson Reuters Corp dropped to $125.41, falling $23.59 or 15.83%, making it the steepest percentage decliner on the TSX, with trading volume near 2.64 million shares.

Altus Group Ltd slid to $41.63, down 10.59%, while Shopify Inc retreated sharply to $163.18, losing 9.66% and weighing on the broader technology sector.

Descartes Systems Group fell 9.01% to $90.43, and TMX Group declined 8.62% to $46.99, reflecting selling pressure across market-infrastructure stocks.

Other notable decliners included CGI Inc at $108.70, down 8.15%, Kinaxis Inc at $123.00, off 7.98%, and Lightspeed Commerce, which fell 7.69% to $13.44.

In the asset-management space, Brookfield Asset Management slipped 7.00% to $64.53, while Onex Corp ended the session down 6.78% at $108.74. The concentration of losses among widely held stocks tempered overall market sentiment into the close.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *