Largest Canadian (TSX) Real Estate Stocks by Market Cap - Simply Wall St (2024)

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Largest Canadian (TSX) Real Estate Stocks by Market Cap - Simply Wall St? ›

Canadian Apartment Properties had the highest market cap at 7.8 billion Canadian dollars, about three billion higher than RioCan, which held second place. Canadian Apartment Properties is an apartment properties investment trust that specializes in mid-tier and luxury multiunit residential rental properties.

Canadian Apartment Properties had the highest market cap at 7.8 billion Canadian dollars, about three billion higher than RioCan, which held second place. Canadian Apartment Properties is an apartment properties investment trust that specializes in mid-tier and luxury multiunit residential rental properties.

Which Canadian Corporation Has the Greatest Market Capitalization? With a market value of 142.03 billion Canadian dollars as of 2024, Royal Bank of Canada topped the list of companies.

As you can see from the pie chart below, the financial and energy sectors dominate the Canadian landscape, with more than 50% of the S&P/TSX Composite Index made up of companies in these sectors. The materials sector is also quite large, and these three sectors together represent over 60% of the companies in the index.

Morguard North American Residential is one of the largest residential REITs in Canada. The REIT owns around 43 multi-suite residential properties across North America, with 16 in Ontario and Alberta and 27 in nine U.S. states.

The top three most profitable Canadian companies are The Toronto-Dominion Bank (NYSE:TD), Manulife Financial Corporation (NYSE:MFC), and Royal Bank of Canada (NYSE:RY).

The Toronto Stock Exchange is the largest exchange in Canada. The exchange is fully electronic with more than 1,500 companies listed. All transactions are conducted in Canadian dollars.

What was the TSX biggest one day gain? ›

14, 2008: The TSX played catch-up with world markets as its composite index gained 890.5 points to close at 9,955.66. That represented a gain of 9.82 per cent. Early in the trading day, the market was up almost 1,600 points. It was the best single-day showing in its history, beating Sept.

In Canada, the service sector makes up two-thirds of the economy. Real estate, manufacturing, and natural resources are all also major sectors of the economy.

Toronto Stock Exchange listed stocks:

Up from 1,798 listed issuers and a combined market capitalization of CAD $4.0 trillion as of March 2023. By the end of January 2024, the total market capitalization of companies listed on TSX & TSXV reached CAD $4.23 trillion.

iShares S&P/TSX 60 Index ETF.

The S&P/TSX Composite Index is a benchmark equity index that tracks around 250 of Canada's largest public companies. It is viewed as a barometer of the Canadian economy and is analogous to the S&P 500 Index in the United States.

In 2000 the TSE became part of a publicly traded company, TSX Group Inc.; two years later the exchange adopted TSX as its abbreviation. In 2008 the TSX Group acquired the derivatives market Montréal Exchange Inc. (MX) and changed its name to the TMX Group.

As of December 2019, there are 43 REITs listed on the Toronto Stock Exchange, with 19 included in the S&P/TSX Composite Index. Regular Income. REITs in Canada generally offer attractive yields, and most pay regular monthly dividends.

Historically, the Canada Stock Market Index (TSX) reached an all time high of 22554.98 in May of 2024. Canada Stock Market Index (TSX) - data, forecasts, historical chart - was last updated on June 19 of 2024.

According to data from Nareit, self-storage REITs have delivered a 17.3% average annual total return since 1994. That has obliterated the S&P 500's 10.1% average annual total return during that period. Self-storage REITs have routinely delivered strong returns compared to other REITs: Image source: Extra Space Storage.