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S&P/TSX Composite Index Higher as Shares in Base Metals Advance

S&P/TSX Composite Index Higher as Shares in Base Metals Advance

MT newswireMT newswire2026/10/27 14:25
10:25 AM EDT, 10/27/2026 (MT Newswires) -- The S&P/TSX Composite Index was higher Tuesday morning as shares in the base metals sector jumped. The base metals sector was up 2.3% on last look, with copper futures for December advancing 1%, while gold gained 0.3%. Energy was the weakest performer, down 1% as oil prices fell. Saudi Arabia's defense minister, Prince Khalid bin Salman, held talks with senior Iranian officials on Monday, Iran's Tasmin News Agency reported. The telecommunications sector was the second weakest performer, down 0.4% on last look. In stocks, BCE's (BCE.TO) cellphone unit Bell Canada will sell a 49.9% stake in its wireless tower infrastructure company to investment group La Caisse for CA$2.45 billion. BCE shares were up CA$0.11, to CA$28.54 mid-morning. Celestica (CLS.TO) shares were up 10% on last look, at CA$382.05, after it reported a third-quarter earnings beat. Celestica also raised its 2026 revenue and earnings guidance.
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