Canadian Securities Exchange Launches CSE25 Index Toronto, Ontario--(Newsfile Corp. - September 18, 2017) - The Canadian Securities Exchange ("CSE") is pleased to announce the introduction of a new index comprised of the securities of the largest companies trading on the exchange.
The CSE25 Index is a subgroup of the CSE Composite Index. The composite index launched in 2015 and includes almost half of the exchange's listed companies and covers over 75% of the trading activity on the exchange. The new index includes the top twenty-five securities by market capitalization contained in the composite index. These companies account for over 50% of the weighting in the larger index and are typically stocks that attract considerable trading volume.
Richard Carleton, CEO, observed that "as the exchange has grown rapidly in terms of trading volumes and market capitalization it is appropriate that we give market participants a benchmark that monitors the performance of our largest and most liquid issues. As the 'exchange for entrepreneurs' we are proud of their success in the Canadian capital markets."
Trading volumes on the CSE have been exceptionally robust in 2016 and 2017. The turnover of the entire market measured by the value of trading divided by the total market cap has averaged 6.6% per month in the year to date, which represents a level of market activity unrivalled in the Canadian exchange space.
A complete list of the constituent securities of the CSE25 Index appears below.
Symbol | Security Name | CSE 25 Weighting |
LHS | Liberty Health Sciences Inc. | 14.31% |
TRST | CannTrust Holdings Inc. | 13.00% |
URB.A | Urbana Corporation A NV | 6.25% |
AHG | Alternate Health Corp. | 5.69% |
MARI | Maricann Group Inc | 5.13% |
CRZ | CannaRoyalty Corp. | 4.90% |
BCC | The Canadian Bioceutical Corporation | 4.11% |
MDM | Marapharm Ventures Inc | 3.96% |
URG | Oriental Non-Ferrous Resources Development Corp. | 3.68% |
GLH | Golden Leaf Holdings Ltd. | 3.56% |
XMG | MGX Minerals Inc. | 3.13% |
FLT | Drone Delivery Canada Corp. | 2.99% |
THC | THC Biomed Intl Ltd | 2.88% |
ISOL | Isodiol International Inc. | 2.82% |
IN | InMed Pharmaceuticals Inc. | 2.76% |
BLO | Cannabix Technologies Inc. | 2.54% |
N | Namaste Technologies Inc. | 2.22% |
IAN | iAnthus Capital Holdings Inc. | 2.22% |
VGW | Valens Groworks Corp. | 2.22% |
MTA | Metalla Royalty and Streaming Ltd. | 2.15% |
SNA | Star Navigation Systems Group Ltd. | 2.02% |
LDS | Lifestyle Delivery Systems Inc | 1.95% |
MYM | MYM Nutraceuticals Inc. | 1.91% |
MRM | Micromem Technologies Inc. | 1.81% |
RSS | RESAAS Services Inc. | 1.80% |
About the CSE
The Canadian Securities Exchange is home to more than 300 uniquely listed issues covering a broad range of industry sectors. The exchange provides trade execution, smart routing, risk management, compliance and market information services for Canadian listed instruments.
Recognized as an exchange by the Ontario Securities Commission in 2004, the CSE is designed to facilitate the capital formation process for public companies through a streamlined approach to company regulation that emphasizes disclosure and the provision of efficient secondary market trading services for investors.
Read more at https://www.stockhouse.com/news/press-releases/2017/09/18/canadian-securities-exchange-launches-cse25-index#HM7zqbHgOz37rFS1.99