Energy companies dominate TSX's list of top 30 stocks over past 3 years

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.

Sept 12 - Energy companies including Paramount Resources and NuVista dominated the list of 30 best performing Canadian stocks over the past three years, an annual ranking by the Toronto Stock Exchange showed on Tuesday.

Of those, 20 were energy firms with Paramount Resources and NuVista Energy topping the list with their 1,913% and 1,279% surge. The energy sector has the second biggest influence on the Toronto Stock Exchange's $2.37 trillion S&P/TSX composite index , which houses 226 companies and has climbed 24.4% in the past three years.

In comparison, the much larger $37.49 trillion Wall Street benchmark S&P 500 , which is largely skewed towards technology companies, has climbed 34.2% in the same period.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines