The short version

The S&P/TSX Composite closed October 28 at 36,265.09, up 93.60 points or 0.26%, according to TMX Money's dated market data.

Wednesday’s closing numbers

Canada's S&P/TSX Composite ended the October 28 trading session at 36,265.09, up 93.60 points, or approximately 0.26%, from the previous close. TMX Money's market data identifies information technology among the strongest-performing sectors, with a rise of roughly 1.95%, while its energy index gained around 1.12%. The numbers describe Wednesday's close, not a live quote for Thursday morning. Individual stock and commodity prices can change materially once the next session begins.

The central bank backdrop

The Bank of Canada increased its target overnight interest rate by 25 basis points to 2.50% on October 28. The central bank said inflation was proving more persistent than earlier projections, partly because of elevated energy costs and higher cost pressures spreading across the economy. A stock index rising on a rate-announcement day does not by itself show that investors welcomed the decision; sector performance, earnings reports and developments outside Canada can also influence share prices.

What to watch next

Investors will look at company earnings, bond yields, energy prices and economic releases for clues to the next trading session. The Bank's next scheduled rate decision is December 9, 2026. Market data should be identified by its observation time, and readers should not interpret a prior session's closing value as a real-time market indicator or as a recommendation to trade.

Follow the evidence

Sources & transparency

TMX Money — Canadian market summary, October 28 closing figuresBank of Canada — October 28 policy-rate announcement

Original CDN News coverage. Sources are linked for reference.

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