The S&P/TSX Composite Index
Note from dshort: In response to an email from Dana in Canada, here's a quick look at Canada's S&P/TSX Composite Index and how it stacks up in recent years against the indexes in my weekly world markets update.
The first chart below shows the behavior of Canada's S&P/TSX Composite Index since the turn of the century.
How does this index compare with the eight world markets in my weekly updates? The chart below has the latest "gang of eight" update, through Friday's close, with the TSX added (the bold red line).
Since the arbitrary start date of March 9 2009, which was a trough for several world indexes (including the TSX, Canada's benchmark index is now positioned at the middle of the pack.