TSX Today: What to Watch for in Stocks on Tuesday, March 31

After staging a recovery of over 2% last week, the Canadian stock market started the new week on a cautious note as investors weighed renewed risks to global energy supplies against a still-wait-and-see stance from the U.S. Federal Reserve. The S&P/TSX Composite Index witnessed a roller coaster with heightened volatility and concluded the day with a minor decline of 26 points, or 0.1%, at 31,935.

Despite strength in select consumer staple and utility stocks, weakness in several other key sectors, such as technology, healthcare, and energy, kept the TSX benchmark under pressure.

The U.S. Fed is keeping an eye on the Iran conflict

Speaking at an event on Monday, U.S. Federal Reserve Chair Jerome Powell indicated that interest rates are currently in a “good place,” signaling a cautious, data-dependent approach as policymakers assess the economic impact of rising oil prices and geopolitical tensions. He acknowledged that the ongoing Middle East conflict could push energy costs higher and complicate the inflation outlook, but emphasized that it is still too early to determine the full extent of these effects.

Top TSX Composite movers and active stocks

Americas Gold and Silver (TSX:USA) tanked by 15% to $6.47 per share, making it the worst-performing TSX stock for the day. This selloff in USA stock came after the Toronto-headquartered precious metals mining firm reported its latest annual results. The company posted a net loss of $87.4 million for 2025, as higher metal prices increased liabilities related to its contracts, even as operations improved. While its management guided for roughly 30% production growth in 2026, it also outlined significant capital spending plans of up to $120 million to support expansion projects — leading to a selloff in USA stock.

5N Plus, Celestica, and Bitfarms were also among the day’s bottom performers on the Toronto Stock Exchange, with each diving by at least 6.6%.

On the brighter side, AbraSilver Resource (TSX:ABRA) stood out as the top-performing TSX stock as its shares climbed nearly 6% to $11.63 apiece after the metals exploration company announced the completion of its Condoryacu acquisition alongside strong initial drilling results from its Phase VI program.

Aya Gold & Silver, GFL Environmental, and Waste Connections also climbed by more than 4% each, making them among the session’s top-gaining TSX stocks.

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

TSX today

Metals prices trended higher in early morning trading on Tuesday while West Texas Intermediate (WTI) crude oil futures eased from their multi-year highs, which could offer some support to TSX mining stocks even as energy shares may open on a softer note. However, broader market sentiment is likely to remain cautious as geopolitical risks in the Middle East continue to evolve.

At the same time, the latest attacks on vessels near the Strait of Hormuz have reinforced concerns about the security of global oil shipments, even as crude prices pulled back slightly from recent peaks. These developments could keep commodity markets volatile and limit risk appetite on the TSX throughout the session.

In addition, Canadian investors will keep an eye on Canada’s latest gross domestic product (GDP) growth numbers, job openings and consumer confidence data from the U.S.

On the corporate events front, several TSX-listed companies, including Allied Gold, goeasy, Bitfarms, and Aya Gold & Silver, will release their latest quarterly earnings reports today, which could keep these stocks in focus.

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, March 31 appeared first on The Motley Fool Canada.

  Should you invest $1,000 in AbraPlata Resource right now?

  Before you buy stock in AbraPlata Resource, consider this:

  The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026… and AbraPlata Resource 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 $16,000!*

  Now, it’s worth noting Stock Advisor Canada’s total average return is 87%* – a market-crushing outperformance compared to 76%* 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 March 24th, 2026

  More reading

  • Enbridge Stock: Buy Now or Wait for a Pullback?
  • How Much Canadians Typically Have in a TFSA by Age 55
  • The Canadian Dividend Stock I’d Trust When Markets Get Choppy
  • 3 Ultra-High-Yield Dividend Stocks I’m Still Buying
  • Maximum TFSA Impact: 2 TSX Stocks to Help Multiply Your Wealth

  Fool contributor Jitendra Parashar has positions in Canadian Natural Resources, Celestica, and Waste Connections. The Motley Fool recommends Canadian Natural Resources, Celestica, and Whitecap Resources. The Motley Fool has a disclosure policy.