Noront Resources Ltd. (NOT) Declines -1.25% on Jan 28
| Date: Jan 29, 2018 |
| Shares of Noront Resources Ltd. (CVE:NOT) last traded at 0.395, representing a move of -1.25%, or -0.005 per share, on volume of 773,604 shares. After opening the trading day at 0.41, shares of Noront Resources Ltd. traded in a close range. Noront Resources Ltd. currently has a total float of 344.96 million shares and on average sees 383,737 shares exchange hands each day. The stock now has a 52-week low of 0.22 and high of 0.52.
S&P/TSX Composite Index: Making Canadian Economy Grow Bigger The Canadian economy is growing as fast as any global economy giant today. It may not yet be as big as that of the US or Japan but it surely boasts with a promising trade and commerce environment. The main stock exchange in Canada is the Toronto Stock Exchange (TSX) with the benchmark index being the S&P/TSX Composite Index. The TSX perfectly represents how much the Canadian economy has grown and evolved through the years and how it still continues to transform for the better. Getting to Know the TSX The TSX is made up of over 1,500 companies as of October 31, 2014. It has nearly touched the $3 trillion total market capitalization mark in May. Noront Resources Ltd. trades on the exchange. The S&P/TSX Composite Index is the benchmark Canadian index, representing roughly 70% of the total market capitalization on the TSX with about 250 companies included in it. More than half of it is composed of the its biggest sectors only’ the Financials sector and the Energy sector. Included in the list of top five biggest sectors in the S&P/TSX Composite Index are the Materials, Industrials, and Consumer Discretionary sectors. In February 1950, the S&P/TSX Composite Index had posted its all-time low, 217.50. In September 2014, it had posted its all-time high, 15,657.63. The surge in oil prices in 2014 had led the S&P/TSX Composite Index to attain this peak level as both the Energy and Financial sectors primarily got a boost. |
