TSX Today: What to Watch for in Stocks on Tuesday, April 29

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Canadian equities started the new week on a positive note as investors shrugged off early commodity weakness and focused instead on federal election outcomes and a wave of upcoming corporate earnings. The S&P/TSX Composite Index climbed by 88 points, or 0.4%, on Tuesday to settle at 24,799 — its eighth gain in the past 10 sessions.

Despite weakness in healthcare stocks, solid gains in most other key sectors like technology, energy, and financials guided the broader market higher.

Top TSX Composite movers and active stocks

Denison Mines, NexGen Energy, Aecon Group, and SSR Mining were the top-performing TSX stocks, with each rising by at least 3.2%.

Shares of Bank of Nova Scotia (TSX:BNS) also traded positively after the lender announced it expects a net income contribution of approximately $62 million from its ownership interest in KeyCorp for the second quarter of 2025.

Adjusting for the impact of amortizing acquired intangible…

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