S&P/ TSX Composite heads into Thursday as oil retreats 0.2 percent

The S&P/TSX Composite closed on October 28, 2026 at 36,265 points, up 94 points or 0.3 percent. Technology and energy shares helped the index finish higher after central-bank decisions.

Bausch Health rose 9.0 percent on October 28, making it the strongest gainer in the benchmark. December S&P/TSX futures were up 0.2 percent at 5:55 a.m. ET on October 29, according to Reuters.

Why is the S&P/TSX Composite heading higher?

The Bank of Canada raised its policy rate by 25 basis points to 2.5 percent on October 28. The move was widely expected, while energy and technology stocks supported the index, Investing.com reported.

Falling oil prices eased inflation concerns before the Toronto open. Investors are also preparing for U.S. GDP, core personal consumption expenditures (PCE) inflation and labor-market data.

Top movers in the S&P/TSX Composite

October 28 winners and losers on the S&P/TSX Composite, according to Investing.com:

• Bausch Health up 9.0 percent
• Celestica up 8.3 percent
• Hammond Power Solutions up 6.0 percent
• Allied Properties REIT down 4.7 percent
• GFL Environmental down 3.7 percent
• G Mining Ventures down 2.6 percent

Advancing stocks outnumbered declining stocks 514 to 437, with 83 unchanged. Information technology, energy and financials were the strongest sector groups.

S&P/TSX Composite cues before the open

The index had closed at 36,265 points after opening at 36,166 points. Its October 28 high was 36,325 points, and its low was 36,098 points, according to Investing.com.

U.S. equities ended October 28 higher, while Asian markets were mixed on October 29. Oil prices fell as diplomatic efforts reduced some supply-risk pressure, giving the Canadian energy-heavy benchmark a supportive pre-market cue.

What comes next for the S&P/TSX Composite

• October 29, 2026, 8:30 a.m. ET: U.S. third-quarter GDP is expected at 3.2 percent, core PCE at 0.3 percent month over month, and initial jobless claims at 198,000, Investing.com reports.
• October 29, 2026, 9:00 a.m. ET: The Atlanta Federal Reserve GDPNow estimate is scheduled for release, according to Investing.com.

S&P/TSX Composite price data for October 28, 2026

The S&P/TSX Composite closed at 36,265 points on October 28, 2026, up 94 points or 0.3 percent from the previous close of 36,171 points, Morningstar reported. It opened at 36,166 points. The day high was 36,325 points and the day low was 36,098 points.

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