TSX up 175 Points at Midday, Led by Strong Gains in Miners

BY MT Newswires | ECONOMIC | 01/12/26 12:16 PM EST

12:16 PM EST, 01/12/2026 (MT Newswires) -- The Toronto Stock Exchange is up 175 points at midday, led by strong gains in materials, followed by healthcare (+1.3%) and info tech (+1%).

Miners is the biggest gainer, up 3%. Gold futures is up 2.8%, while silver is up 8.4%

Financials is the biggest decliner, down 0.5%.

On the economics front, the major data release is existing home sales for December, on Thursday. BMO Economics expect sales slipped for the second straight month, which would mark the third decrease in the last four months and keep the yearly decline in the double digits. Average prices look to be little changed from last year, while the quality-adjusted MLS HPI will likely remain 4% below year-ago levels, it said.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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