TSX Composite Index is an index of the stock (equity) prices of the largest companies on the Toronto Stock Exchange (TSX) as measured by market capitalization. The Toronto Stock Exchange listed companies in this index account for about 70% of market capitalization for all Canadian-based companies listed on the TSX
Although this index are not on the priority list of index being monitor in major market news website, it does follow the major market bottom and top in synchrony with DJIA.
Many investment grade companies are listed but at current situation, it is a little overbought.
There is a big cushion support range between 14178 - 14622, breaking through this level signifies more downside to come.
Although this index are not on the priority list of index being monitor in major market news website, it does follow the major market bottom and top in synchrony with DJIA.
Many investment grade companies are listed but at current situation, it is a little overbought.
There is a big cushion support range between 14178 - 14622, breaking through this level signifies more downside to come.
