S&P/TSX Composite Index Falls With Most Sectors Weaker
MT newswire2026/10/05 14:4510:45 AM EDT, 10/05/2026 (MT Newswires) -- The S&P/TSX Composite Index was lower on Monday morning with most sectors declining, as bond yields continued to rise. The telecommunications sector was 1.1% lower. Weaker crude oil prices pressured the energy sector, which was 1% lower on last look. The strongest performer was the information technology sector, which advanced 2%. US Treasury yields were higher mid-morning: 10-year bond yields were up 2 basis points to 5.298%, while 30-year yields edged up nearly 3 basis points to 5.655%. The index was down 0.8% on the week last Friday, but was still 17.7% higher over one year, BMO Senior Economist Robert Kavcic wrote in a note. He added that the technology and energy sectors each rose 1.4% during the week, while bank shares posted the biggest one-week loss of 3.4%. In stocks, Athabasca Oil (ATH.TO) jumped 15% to CA$12.15 on the Toronto Stock Exchange, after the company announced it was being acquired by Cenovus Energy (CVE.TO) for CA$12 per share, in cash and shares, valuing the company at CA$5.8 billion, a statement said. Cenovus shares were down CA$1.72 at CA$44.53 in mid-morning trade on the Toronto Stock Exchange.
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