What is a TSX Index?

It is the broadest in the S&P/TSX family and is the basis for multiple sub-indices including but not limited to equity indices, Income Trust Indices, Capped Indices, GICS Indices and market cap based indices. The Toronto Stock Exchange (TSX) serves as the distributor of both real-time and historical data for this index.

How many sectors are in the S&P/TSX Composite Index?

There are 11 sectors in all. As a capitalization-weighted index, the S&P/TSX Composite Index is more influenced by large member companies than small ones. This is a common method of calculating stock indices, with the S&P 500 and Nasdaq Composite Index both using this approach.

What does txcx stand for?

TSX Composite Index (TXCX) Quote - Full Chart - The Globe and Mail Real-time Prices for TSX Composite Index TXCX. Charting, Price Performance, News & Index Constituents. Real-time Prices for TSX Composite Index TXCX. Charting, Price Performance, News & Index Constituents. Skip to main content Canada’s most-awarded newsroom for a reason

Why is the S&P TSX important?

Like most benchmark indexes, the S&P/TSX has three primary functions: to provide an easily understood snapshot of how a nation’s public companies are performing, to provide a standard against which fund managers can compare their results, and to provide a formalized structure that exchange traded funds (ETFs) and index funds can follow.