Canada's S&P TSX Composite Index opened 2026 with a 0.5% gain, reaching 31,883.37, driven by rising energy and materials shares, particularly uranium producers like Denison Mines and Energy Fuels. This rebound followed a weekly decline but capped a strong 2025 with a 28.25% advance. Despite a contracting manufacturing sector and a dip in technology stocks, market strategist Angelo Kourkafas noted AI's continued influence and potential for broader market gains. Financials and industrials also contributed positively.