TSX Today: What to Watch for in Stocks on Wednesday, September 25

After rallying for four consecutive sessions, the TSX Composite benchmark has climbed 9.5% so far in the third quarter.

| More on:
tsx today

You’re reading a free article with opinions that may differ from The Motley Fool’s premium investing services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

A rally in metals prices and optimism surrounding the recent U.S. rate cut helped Canadian stocks notch a new all-time high for the fourth consecutive session, as investors bet the cuts would offer short-term economic relief despite lingering global uncertainties. The S&P/TSX Composite Index rose by 58 points, or 0.2%, to settle at 23,952.

Copper and silver prices surged yesterday after the People’s Bank of China announced a major economic stimulus, fueling a strong rally in TSX mining stocks. In addition, continued buying in consumer and healthcare stocks drove the market benchmark to new heights.

Top TSX Composite movers and active stocks

Aya Gold & Silver, Hudbay Minerals, Capstone Copper, and First Majestic Silver were the top-performing TSX stocks for the day, with each surging by over 6%.

Shares of Denison Mines (TSX:DML) climbed by 2.1% to $2.42 per share, making it among the day’s top performers on the Toronto Stock Exchange. This rally in DML stock came after the Canadian uranium exploration firm announced a strategic option agreement with Foremost Clean Energy for up to 70% interest in 10 uranium exploration properties.

Created with Highcharts 11.4.3Denison Mines PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.ca

The Denison-Foremost deal, valued at up to $30 million, includes direct payments and exploration funding. Through this partnership, Denison expects to leverage Foremost’s technical expertise for its non-core properties while focusing on its core development and mining projects. With this, DML stock has climbed by 8.5% so far in September.

On the flip side, Pet Valu, Kinaxis, and Algonquin Power & Utilities were the session’s worst-performing TSX stocks, with each sliding by at least 3.1%.

According to the exchange’s daily trade volume data, TC Energy, Canadian Natural Resources, TD Bank, Canadian Imperial Bank of Commerce, and Suncor Energy were the five most active stocks.

TSX today

Expectations of stronger near-term demand kept metals prices firm early Wednesday morning. Meanwhile, oil and gas prices were slightly down. Given these mixed signals, the commodity-heavy TSX index could remain flat at the open today.

While no major domestic economic releases are due, Canadian investors may want to keep an eye on the latest monthly new home sales and weekly crude oil stockpile data from the United States this morning.

Market movers on the TSX today

Should you invest $1,000 in Docebo right now?

Before you buy stock in Docebo, consider this:

The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Docebo wasn’t one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years.

Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the “eBay of Latin America” at the time of our recommendation, you’d have $20,697.16!*

Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 29 percentage points since 2013*.

See the Top Stocks * Returns as of 3/20/25

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. We’re Motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content.

Fool contributor Jitendra Parashar has positions in Toronto-Dominion Bank. The Motley Fool recommends Canadian Natural Resources, Kinaxis, and Pet Valu. The Motley Fool has a disclosure policy.

Confidently Navigate Market Volatility: Claim Your Free Report!

Feeling uneasy about the ups and downs of the stock market lately? You’re not alone. At The Motley Fool Canada, we get it — and we’re here to help. We’ve crafted an essential guide designed to help you through these uncertain times: "5-Step Checklist: How to Prepare Your Portfolio for Volatility."

Don't miss out on this opportunity for peace of mind. Just click below to learn how to receive your complimentary report today!

Get Our Free Report Today

More on Stock Market

tsx today
Stock Market

TSX Today: What to Watch for in Stocks on Thursday, April 10

In addition to the important U.S. consumer inflation report, TSX investors will also keep a close eye on developments related…

Read more »

Aircraft Mechanic checking jet engine of the airplane
Stock Market

How I’d Invest $9,200 in Canadian Aerospace Stocks to Send My Net Worth Soaring

Undervalued Canadian aerospace stocks such as Bombardier offer significant upside potential to investors in April 2025.

Read more »

tsx today
Stock Market

TSX Today: What to Watch for in Stocks on Wednesday, April 9

As U.S. tariffs on most of its key trade partners, including China, take effect today, TSX stocks could continue to…

Read more »

Oil industry worker works in oilfield
Stock Market

3 Undervalued Canadian Stocks I’d Buy and Hold for Decades

Investing in quality undervalued stocks such as Martinrea and Cascades should help you generate outsized gains in 2025 and beyond.

Read more »

Beware of bad investing advice.
Dividend Stocks

Where I’D Invest $1,000 in 3 No-Brainer Canadian Stocks Under $150

Want to invest $1,000 in some great stocks? Here's a trio that investors can buy at a discount right now…

Read more »

tsx today
Stock Market

TSX Today: What to Watch for in Stocks on Tuesday, April 8

A minor overnight recovery in commodity prices could give the TSX a steadier open today as investors continue to closely…

Read more »

shopper buys items in bulk
Bank Stocks

How I’d Allocate $1,000 in Domestic Stocks in Today’s Market

Got $1000? Here's how I'd play the tariff war with Canadian domestic stocks this April! Royal Bank of Canada (RBC)…

Read more »

tsx today
Stock Market

TSX Today: What to Watch for in Stocks on Monday, April 7

With a 6.3% weekly loss, the TSX just posted its steepest percentage decline in a single week since June 2022.

Read more »