TSX Today: What to Watch for in Stocks on Tuesday, April 28

Canadian stocks started the new week on a slightly negative note as elevated crude oil prices amid the ongoing supply disruptions in the Strait of Hormuz and stalled U.S.-Iran negotiations weighed on investor sentiment. The S&P/TSX Composite Index slipped by 86 points, or 0.3%, for the day to settle at 33,818 — marking its third consecutive day of decline.

While rising crude oil prices supported a rebound in energy stocks, weakness in many other key market sectors, including consumer cyclicals, mining, and industrials, pressured the TSX benchmark.

Top TSX Composite movers and active stocks

B2Gold, Allied Gold, MDA Space, and Alamos Gold were the day’s worst-performing TSX stocks, with each falling by at least 3.8%.

In contrast, ARC Resources (TSX:ARX) jumped 21% to $31.22 per share, making it the session’s top-performing stock on the Toronto Stock Exchange. This rally in ARX stock came after the Calgary-based energy producer agreed to be acquired by global energy giant Shell (NYSE:SHEL) in a deal valued at about $22 billion, including net debt.

Under the deal, ARC shareholders will receive $32.80 per share in cash and Shell shares, reflecting a nearly 27% premium to ARC’s previous closing price. The stock surged as investors welcomed the attractive takeover premium and the chance for ARC shareholders to benefit from Shell’s larger global energy platform.

Kelt Exploration, Lithium Americas, and Advantage Energy also surged by at least 6.9% each, making them among Monday’s top-gaining TSX stocks.

Based on their daily trade volume, ARC Resources, Enbridge, Baytex Energy, Canadian Natural Resources, and B2Gold were the five most active stocks on the exchange.

TSX today

West Texas Intermediate (WTI) crude oil futures prices climbed closer to US$100 per barrel in early morning trading on Tuesday, which could lift TSX energy shares further at the open today. This strength in oil prices came after Iran offered to reopen the Strait of Hormuz only if the U.S. lifts its blockade and ends the war. However, the proposal could postpone nuclear negotiations, a condition that U.S. president Donald Trump may not accept, keeping the outlook for energy markets uncertain.

While no major domestic economic releases are due, Canadian investors may want to keep an eye on the latest U.S. consumer confidence data this morning. In addition, both the Bank of Canada and the U.S. Federal Reserve will announce their interest rate decisions on Wednesday, which could keep investors cautious.

On the corporate events side, many TSX-listed companies, including ARC Resources, Aecon Group, First Quantum Minerals, and Toromont Industries, will release their latest quarterly results today.

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 Tuesday, April 28 appeared first on The Motley Fool Canada.

  Should you invest $1,000 in Shell Plc right now?

  Before you buy stock in Shell Plc, consider this:

  The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026… and Shell Plc wasn’t one of them. The 10 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 over $18,000!*

  Now, it’s worth noting Stock Advisor Canada’s total average return is 94%* – a market-crushing outperformance compared to 85%* for the S&P/TSX Composite Index. Don’t miss out on our top 10 stocks, available when you join our mailing list!

  Get the 10 stocks instantly #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 April 20th, 2026

  More reading

  • 3 Canadian Oil Stocks Built for Volatile Crude Prices
  • 5 TSX Energy Stocks to Buy as Oil Pulls Back on Ceasefire News

  Fool contributor Jitendra Parashar has positions in Canadian Natural Resources, Enbridge, and MDA Space. The Motley Fool recommends B2Gold, Canadian Natural Resources, Enbridge, and MDA Space. The Motley Fool has a disclosure policy.