From Unicorn to Titan
When Tobias Lütke and Scott Lake decided to build an online store in 2004 to sell snowboarding gear, little did they know that they would change the face of e-commerce for the next generation. Fast forward 15 years, Shopify is one of the world’s biggest e-commerce platforms and the number one ranked company on the TSX30TM, a list of the top-performing companies on Toronto Stock Exchange (TSX).
Mining Returns to Centre Stage
Precious metal prices (particularly gold prices) have been on a steady climb for some time now, and equities appear finally to have joined the trend. We expect this trend to continue with observed growth in the number of equity financings; amount of capital raised; and the overall number of new listings. It is also encouraging to see this heightened investor interest in our market extending beyond TSX and into TSX Venture Exchange (TSXV), which is dominated by exploration and development stage mining companies.
INVESTOR INSIGHTS REPORT (SEPTEMBER) - Four Takeaways For Investors
The following are some key observations of the TSX and TSX Venture Exchange markets in September.
How the post-pandemic outlook is shaping long-term shareholder value
As long-term investors, our deep research and differentiated perspective have allowed us to find specific company situations that offer solid returns. In our experience, high-performing companies, such as those ranked on the TSX30™, have a durable competitive advantage, compelling market opportunities, and strongly aligned management. These fundamentals make it possible for companies to be agile and resilient in the face of market forces such as changing demographics, technology and geopolitics, all of which have had an even more complicated impact due to the pandemic.
CANTECH LETTER - Tech companies lead the way in TMX Group’s TSX30 for 2020
The Toronto Stock Exchange on Tuesday announced its TSX30 for 2020, with Canadian tech names featuring heavily in the mix. First introduced last year, the TSX30 tallies the top-performing stocks over the past three years, highlighting some of the big growth stories featured on the exchange.
INVESTMENT EXECUTIVE - Shopify leads this year’s TSX30
The Toronto Stock Exchange released its 2020 TSX30 list of top-performing stocks on Tuesday, with Shopify Inc. leading the pack. Technology and mining stocks were well represented in this year’s list, which ranks stocks based on dividend-adjusted share price appreciation over a three-year period.
FINANCIAL POST - TSX30 top-performing stocks shows Canadian tech sector no longer an afterthought
Technology was the second-best represented sector on a list of the top performing stocks on the Toronto Stock Exchange, providing a clear sign that the lagging group may finally be ready to take on more prominence in Canada.
2020 TSX30 Virtual Market Open
“We are especially proud to present the 2020 TSX30. These companies serve as engines of growth; creating jobs, generating returns and creating value for investors.” Loui Anastasopoulos President, Capital Formation | TMX Group
BNN Bloomberg - Expect more tech companies to make their way to the TSX: TMX Group's capital formation president
The Toronto Stock Exchange has released its 2020 TSX30 rankings. The TSX30 is a program that recognizes the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. And tech and mining companies are well-represented this year. Loui Anastasopoulos, president of capital formation at TMX Group discusses the significance of this and provides insight on the IPO pipeline.
Canadian Competitiveness and Resiliency During a Pandemic
The average 3-year share price appreciation for this year’s TSX30 cohort was 242%, generating a market capitalization increase of $221 billion. Given the drastic impact of COVID-19 on the global economy and markets, these solid results are indicative of the resiliency of Canadian capital markets.