Forex
TSX Pulls Back from Record High Amid Commodity Price Decline
The Toronto Stock Exchange (TSX) pulled back from its record high on Thursday, August 13, 2026, closing at 36,591.69 after a day of mixed trading.
The S&P/TSX Composite Index had advanced to a fresh all-time high the previous day, but Thursday's session saw a reversal driven primarily by weakness in basic materials shares.
Commodity prices across the board trended lower in early trading, putting pressure on the resource-heavy TSX index. The September crude oil contract fell US$1.44 to US$81.83 per barrel and December gold dropped US$41.40 to US$4,426.10 an ounce.
Despite the pullback, the Canadian dollar traded relatively steady at 71.72 cents US compared to 71.79 cents US on Wednesday.