12:21 PM EDT, 07/27/2026 (MT Newswires) -- The S&P/TSX Composite Index fell 34 points at midday Monday, with energy and base metals posting the biggest declines.

The energy sector was down 2.5%, followed by base metals down 1.1%. WTI crude oil traded nearly 7% lower on Monday after the US and Iran paused hostilities.

Limiting losses are gains in information technology and telecoms, up 4.1% and 0.7%, respectively.

In stocks, Belo Sun Mining ( BSXGF ) shares jumped 21% to C$1.115 per share after it announced that a Brazilian federal court permanently dismissed a civil case against the Volta Grande gold project in Para State, Brazil.