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S&P/TSX Composite Index Higher as Information Technology Shares Climb

S&P/TSX Composite Index Higher as Information Technology Shares Climb

MT newswireMT newswire2026/10/20 14:37
10:37 AM EDT, 10/20/2026 (MT Newswires) -- The S&P/TSX Composite Index was higher Tuesday morning as the information technology sector led most sectors higher. Technology shares rose 1.9%, followed by the healthcare sector, which was 1.7% higher. Shares in the energy sector dropped 2.0%, making it the weakest performer on last look. In political news, results from the Monday referendum vote in Alberta show that over 75% of Albertans voted to stay within Canada. Votes are still being counted. "While votes on all questions continue to be tallied, tonight's results on the defining question of separation mean that Albertans and all Canadians will move forward together with renewed purpose and high ambition," Prime Minister Mark Carney said in a statement. In stocks, Algoma Central (ALC.TO) shares were last seen up 4% to an all-time high of CA$30.77 after it reported its preliminary third-quarter results. The company is expecting earnings of CA$1.34 per share, compared with CA$0.97 per share, in the prior year period. Revenue is expected to rise to CA$288 million, from CA$228 million.
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