TSX Today: What to Watch for in Stocks on Monday, January 12

Canadian stocks ended the first full week of 2026 on a strong note, as rallying commodity prices and hopes of more interest rate cuts early in the year, amid mixed economic signals, supported broad-based gains across key sectors. The S&P/TSX Composite Index climbed by 234 points, or 0.7%, on Friday to settle at 32,613 — marking a new all-time high.

Despite intraday weakness in healthcare stocks, solid gains in most other key market sectors, including mining, energy, and consumer cyclicals, led the TSX rally.

With this, the index ended the week with 2.3% gains — registering its best weekly performance in over a month.

Top TSX Composite movers and active stocks

Endeavour Silver and West Fraser Timber were the top-performing TSX stocks for the day, with each soaring by at least 7%.

Shares of TerraVest Industries (TSX:TVK) jumped 6.7%, making it among the day’s top gainers on the Toronto Stock Exchange. This rally in TVK stock came after the Vegreville-headquartered industrial firm announced the acquisition of Texas-based KBK Industries for US$90 million in cash. The deal is expected to add a well-established manufacturer of fibreglass and steel storage tanks to TerraVest’s portfolio and was struck at about 5.6 times KBK’s trailing 12‑month EBITDA (earnings before interest, taxes, depreciation, and amortization).

TerraVest expects this acquisition to strengthen its U.S. footprint, complement its existing tank operations, and add geographic diversification. Investors appeared encouraged by the strategic fit and potential for cross-selling and expansion in the U.S. market, which helped lift TVK stock sharply higher.

On the flip side, Bausch Health, Equinox Gold, Bitfarms, Aris Mining, and BRP slipped by at least 2.6% each, making them the session’s worst-performing TSX stocks.

Based on their daily trade volume, TD Bank, Cenovus Energy, Canadian Natural Resources, TC Energy, and Bitfarms were the five most active stocks on the exchange.

TSX today

Commodity prices across the board inched up in early trading on Monday, with both gold and silver trading at fresh record highs amid growing geopolitical uncertainty. This could lift the resource-heavy main TSX index at the open today.

While no major economic releases are due this morning, investors will continue to closely monitor geopolitical developments. Overall, North American equities may stay volatile as markets await the key U.S. consumer inflation report scheduled for Tuesday.

Market movers on the TSX today

• {tab.name}  {data.noDataMsg}{ 'Symbol' | i8ln tLang }{ 'Company' | i8ln tLang }{ 'Last' | i8ln tLang }{ 'change' | i8ln tLang }{ 'changepct' | i8ln tLang }{ 'Open' | i8ln tLang }{ 'High' | i8ln tLang }{ 'Low' | i8ln tLang }{ '52weekrange' | i8ln tLang }{ 'Vol' | i8ln tLang }{'volume change %' | i8ln tLang}{ 'tradeval' | i8ln tLang }{ 'totaltrades' | i8ln tLang }TSX:{tradee.symbolstring | str_replace ':CA' '' }{tradee.equityinfo.longname}  {tradee.entitlement}{tradee.pricedata.last | asQHLast}{tradee.premarket.last | asQHLast}{tradee.pricedata.change | asQHLast}{tradee.premarket.change | asQHLast}{tradee.pricedata.open | asQHLast}{tradee.pricedata.high | asQHLast}{tradee.pricedata.low | asQHLast}{tradee.fundamental.week52low.content | asQHLast} - {tradee.fundamental.week52high.content | asQHLast}-{tradee.pricedata.sharevolume | numeraljs '0,0.[00]a'}{tradee.premarket.sharevolume | numeraljs '0,0.[00]a'}{tradee.pricedata.volumechangepercent | numeraljs '0,0.[00]a' '0'}{tradee.pricedata.totalvalue | numeraljs '0,0.[00]a'}{tradee.pricedata.tradevolume | numeraljs '0,0.[00]a'}More {data.data.0.timezone | asTimezone tLang}{data.popup.data.title} .qtool{} .qmf-link { white-space: nowrap; } .qmf-logo { padding-top: 5px; } .qmf-rt, .qmf-non-rt { font-style: italic; font-weight: bold; } .qmf-non-rt { color: #333; } .qmf-rt { color: #080; } .qmod-table tbody .qmod-col-symbol, .qmod-table tbody .qmod-col-name { color: #0b73be; text-decoration: underline; cursor: pointer; } .qmod-table tbody .linker-active .qmod-col-symbol, .qmod-table tbody .linker-active .qmod-col-name, .qmod-table tbody .qmod-col-symbol:hover, .qmod-table tbody .qmod-col-name:hover { color: #485cc7; } .qmod-table tbody .linker-active .qmod-col-name { background: transparent url(/wp-content/plugins/fool-wp-tickers/lib/qm-loading-spinner.svg) 98% center no-repeat; } .qmod-volume-leaders .qmod-block-wrapper { margin: 0; } .qmod-volume-leaders .qmod-block-wrapper .qmod-panel { padding: 0; } .qmod-volume-leaders table thead th.sorting::after, .qmod-volume-leaders table thead th.sorting_asc::after, .qmod-volume-leaders table thead th.sorting_desc::after, .qmod-minimarketmovers table thead th.sorting::after, .qmod-minimarketmovers table thead th.sorting_asc::after, .qmod-minimarketmovers table thead th.sorting_desc::after { right: 6px; color: #6a6a6a !important; } .qmod-volume-leaders > .qmod-heading, .qmod-volume-leaders .qmod-table-con > .qmod-tcell, .qmod-volume-leaders-table-title { display: none; } .qtool{} Financial Market Data copyright © 2026 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.

  The post TSX Today: What to Watch for in Stocks on Monday, January 12 appeared first on The Motley Fool Canada.

  Should you invest $1,000 in TerraVest Industries right now?

  Before you buy stock in TerraVest Industries, consider this:

  The Motley Fool Stock Advisor Canada analyst team identified what they believe are the 5 best stocks for investors to buy now… and TerraVest Industries wasn’t one of them. The 5 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 $20,568.17!*

  Now, it’s worth noting Stock Advisor Canada’s total average return is 99%* – a market-crushing outperformance compared to 77%* for the S&P/TSX Composite Index. Don’t miss out on our top 5 list, available when you join Stock Advisor Canada.

  See the 5 Stocks #start_btn6 { background: #0e6d04 none repeat scroll 0 0; color: #fff; font-size: 1.2em; font-family: 'Montserrat', sans-serif; font-weight: 600; height: auto; line-height: 1.2em; margin: 30px 0; max-width: 350px; text-align: center; width: auto; box-shadow: 0 1px 0 rgba(0, 0, 0, 0.5), 0 1px 0 #fff inset, 0 0 2px rgba(0, 0, 0, 0.2); border-radius: 5px; } #start_btn6 a { color: #fff; display: block; padding: 20px; padding-right:1em; padding-left:1em; } #start_btn6 a:hover { background: #FFE300 none repeat scroll 0 0; color: #000; } @media (max-width: 480px) { div#start_btn6 { font-size:1.1em; max-width: 320px;} } margin_bottom_5 { margin-bottom:5px; } margin_top_10 { margin-top:10px; }

  * Returns as of January 5th, 2026

  More reading

  • Invest in These Unstoppable Canadian Stocks for the Next 5 Years
  • How to Turn the 2026 TFSA Contribution Into $70,000 (or More)
  • A Bargain Stock to Buy With $5,000 Right Now
  • TSX Today: What to Watch for in Stocks on Friday, December 12

  Fool contributor Jitendra Parashar has positions in Canadian Natural Resources and Toronto-Dominion Bank. The Motley Fool recommends Brp, Canadian Natural Resources, TerraVest Industries, and West Fraser Timber. The Motley Fool has a disclosure policy.