TSX Today: What to Watch for in Stocks on Monday, May 26

The TSX Composite Index has surged 4.2% this month, with gains in 12 of the last 13 sessions.

Jitendra Parashar

Author Bio Jitendra Parashar is a financial journalist who has been writing for The Motley Fool Canada since June 2020. With more than 13 years of experience in financial journalism, equity research, and market analysis, he helps investors understand market developments and identify long-term investment opportunities. Before joining The Motley Fool Canada, Jitendra spent several years at Market Realist covering U.S. equities, major economic developments, and developments in the automotive and technology industries. He also worked in commodity and currency research at brokerage firms, gaining insight into how economic trends, central bank decisions, and geopolitical events influence financial markets. Jitendra writes for beginner investors, dividend seekers, and Canadians looking to build wealth over the long term. He also contributes to the daily TSX Today series, explaining key Canadian market developments and highlighting news investors should watch. Based in India, Jitendra follows Canadian and U.S. markets closely. Outside of work, he enjoys travelling in the Himalayas, street and nature photography, and exploring programming and artificial intelligence. Education MBA in Finance and International Business Bachelor's degree in Journalism Areas of Expertise Canadian and U.S. financial markets, long-term equity investing, dividend investing, macroeconomic and geopolitical trends, automotive stocks, emerging technologies, and artificial intelligence. Social Media Profiles LinkedIn Muck Rack Favorite Investment Quote “Simplicity is the master key to financial success.” — John C. Bogle

Published May 26, 2025 9:00 am EDT

Canadian equities continued to trade on a slightly positive note on Friday as surging commodity prices and signs of easing trade tensions supported the broader market. The S&P/TSX Composite Index advanced by 26 points to settle at 25,880 — marking its 12th gain in the last 13 sessions and highlighting bullish momentum.

Despite weakness in some technology stocks due to profit-taking, strength in other sectors like materials, energy, and utilities pushed the TSX higher.

Top TSX Composite movers and active stocks

Energy Fuels (TSX: EFR) jumped by over 18% to $7.38 per share — making it the top-performing TSX stock for the day. This rally in EFR stock came as U.S. president Donald Trump signed an executive order to reform the U.S. Nuclear Regulatory Commission, which mainly aims to slash regulatory barriers, accelerate licensing processes, and support the domestic nuclear industry.

Trump’s order outlines ambitious goals, including faster approvals for reactor projects and expanded licensing for advanced nuclear technologies like microreactors and modular reactors. Investors cheered the move as a significant tailwind for uranium producers like Energy Fuels, which could benefit from increased demand for nuclear fuel and a stronger U.S. nuclear energy sector. As a result, other uranium stocks, including NexGen Energy, Denison Mines, and Cameco, also jumped by at least 10% each on Friday.

On the flipside, Tilray, BlackBerry, Shopify, and Brookfield Asset Management slipped by at least 2.2% each, making them the day’s worst-performing TSX stocks.

Based on their daily trade volume, Manulife Financial, Whitecap Resources, TD Bank, Enbridge, and Canadian Natural Resources were the five most active stocks on the exchange.

TSX today

Commodity prices were largely mixed in early morning trading on Monday, raising the prospect of a choppy open for the TSX today as the market tests its record-setting momentum.

And with no major domestic economic releases due and U.S. markets closed for the Memorial Day holiday, trading volumes on the TSX may be lighter than usual. But this week’s key focus will remain on more Canadian bank earnings, with investors looking for signals on loan growth, credit quality, and interest margin trends amid a shifting rate environment.