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Toronto Stock Exchange Debuts Battery Metals Index

The Toronto Stock Exchange is set to celebrate today the launch of its new S&P/TSX Battery Metals Index. The said
The post Toronto Stock Exchange Debuts…

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This article was originally published by The Deep Dive

The Toronto Stock Exchange is set to celebrate today the launch of its new S&P/TSX Battery Metals Index. The said benchmark aims “to provide investors ​increased ​exposure ​to, ​​and deeper insights in​to the cleantech and energy transition story.”

“Toronto Stock Exchange remains focused on the future, committed to working with our clients and industry stakeholders to​ seek innovative ways to ​enable the success of traditional and newly-defined sectors across our diverse and ever-evolving public markets ecosystem,” said TSX CEO Loui Anastasopoulos.

The new index will cover TSX and TSX Venture-listed companies focused on the production and exploration of metals used for manufacturing electric vehicle batteries. As indicated by the name, the index is a collaboration of the Toronto-based exchange and S&P Dow Jones Indices.

The ten companies covered by the benchmark consist of 80% production-focused firms and 20% exploration companies.

Source: TMX

Information for this briefing was found via the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

The post Toronto Stock Exchange Debuts Battery Metals Index appeared first on the deep dive.

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