TSX holds steady as mining gains offset losses in tech and financial sectors

The Toronto stock index remained flat on Monday as a rally in mining shares countered tech losses. Investors are awaiting bank earnings and tariff updates.

Insights:
Canada CACA's S&P/TSX Composite Index finished the session little changed on Monday as losses in the tech sector and financials sector were offset by gains in mining and gold shares. These offsetting sector moves, driven by safe-haven flows and swings in commodity prices, are influencing market breadth and investor positioning. The flat performance occurred during a session where the index briefly hit an intraday record, underscoring a mix of volatility and underlying market resilience.
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada on January 23, 2019. REUTERS/Chris Helgren
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada on January 23, 2019. REUTERS/Chris Helgren
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