TSX Breaks Past 33,000 Mark With Industrials, Financials, Leading Gains

12:32 PM EST, 01/15/2026 (MT Newswires) -- The Toronto Stock Exchange is up 117 points, passing the 33,000 level, to a new record high.

The best performers are industrials (+0.9%) and financials (+0.7%). Limiting gains are declines in energy (-0.45) and miners (-0.2%), with commodities prices lower.

Canadian existing home sales fell 2.7% month-on-month in December, marking a second straight monthly drop, and largest decline since March. The sales-to-new listings ratio fell to 52.3%, below the long-term average, as sales fell by a greater amount. "This points to sub-trend Canadian average home price growth in the near-term," TD said.

Average home prices were flat on m/m basis in December. Meanwhile, TD noted, the MLS home price index, fell 0.3% m/m, and is down 4% on a year-on-year basis. Prices for detached units were down 0.2% m/m, while condo prices fell 0.4% m/m. TD added: "Notably, a much weaker performance in the home price index than the average home price measure suggests the presence of compositional forces on prices (i.e., more expensive housing sold relatively well last month, lifting average prices)."

In other news, Prime Minister Mark Carney's first day in China saw memorandum of understanding on oil and gas development, LNG/LPG, emissions reductions, and an 'economic and trade cooperation roadmap' aimed to boost commodity sales to China, including uranium. Carney was due to meet China's Premier Xi Jinping Friday.

In stocks, Belo Sun Mining (BSXGF) , is down 35% and the most actively traded with near 4.7-million shares changing hands after it reported that a Brazilian Federal Court held that the company had not demonstrated "sufficient" compliance with applicable conditions for its construction license for the Volte Grande project to not be suspended.

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