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The S&P TSX composite index deals with stocks specific to the Toronto Stock Exchange. One can find further specifics on these stocks and others on the official website.
The NASDAQ composite index set a new closing record of 5600.96 on 1/24/17
The TSX Index, also known as the S&P/TSX Composite Index, is calculated using a market capitalization-weighted methodology. This means that each company's weight in the index is proportional to its market capitalization, which is the total market value of its outstanding shares. The index includes a diverse range of Canadian companies across various sectors, and its value is updated in real-time based on the trading prices of the constituent stocks. Adjustments are made periodically to reflect changes in the market, such as new listings or mergers.
Index fund is a investment scheme that provides the movement of a specific financial market. You can track your index by paying a certain fee. Index fund is available in TSX.
Canada's economy is exposed more to resource prices than others. The Bank of Canada's exchange rate model allows explicitly for the price of energy and the price on non-energy commodities to exert influence on the Canadian dollar's exchange rate. Higher world prices for non-energy commodities typically cause the Canadian dollar to appreciate, and vice versa. The recent drop in gold prices will contribute to a sell-off of stocks in resource companies that mine gold, and this puts downward pressure on our dollar. Canadian markets reflect this. Whereas, the S&P TSX composite index gained 4.1% over the last 12 months, the S&P TSX sub-index for materials lost 30.9%. And the TSX composite index has lagged behind the S&P 500 in the United States, which gained 20.5% over the last year.
As of my last knowledge update in October 2023, the highest close of the Toronto Stock Exchange (TSX) occurred on March 29, 2022, when the index closed at 22,086.26 points. For the latest information or any changes since then, please check a reliable financial news source or the official TSX website.
The TSX, or Toronto Stock Exchange, is read by examining its index, which reflects the performance of a selection of stocks traded on the exchange. Investors look at key metrics such as the index level, percentage changes, and volume of trades to gauge market trends. Additionally, individual stock performance can be assessed through price movements, market capitalization, and sector performance. Tools like charts and financial news can also provide insights into market sentiment and economic factors influencing the TSX.
Touring Sportscar eXperimental
Acura TSX was created in 2003.
TSX Venture Exchange was created in 1999.
There is no 2001 tsx, they only started in 2004.