Where have you heard about the TSX-60 index?

What is the TSX-60 index?

The TSX-60 index is a free-float capital-weighted stock market index made up of 60 of the financially largest companies listed on the Toronto Stock Exchange. It is maintained by the Canadian S&P Index Committee and is also known as the S&P/TSX 60.

The TSX-60 index represents some of Canada's biggest companies, as well as being the Canadian component of the S&P Global 1200 Index. As part of the S&P/TSX Composite Index, the TSX-60 index can be one of the starting points for investors building a portfolio.

What you need to know about the TSX-60 index.

The 60 companies listed on the TSX-60 index cover the following industry sectors:

• Financials

• Energy

• Materials

• Industrials

• Telecommunication Services

• Consumer Discretionary

• Consumer Staples

• Information Technology

• Utilities

• Health Care

This industry spread is beneficial to investors and investment managers as it gives them access to the large capitalisation sector of the Canadian equity market.

When the TSX-60 index and the S&P/TSX Completion Index combine, they form a benchmark Canadian index known as the S&P/TSX Composite Index. It includes 250 companies and represents around 70% of the total market capitalisation on the Toronto Stock Exchange.

Both the real-time and historical data for the TSX-60 index is distributed by the Toronto Stock Exchange.