This week’s top market cap gainer is Torc Oil & Gas Ltd (TSX: TOG), which gained 0.76% in market capitalization as the company recently issue new shares (the company reported no change in price.
Other top Ubika Energy 20 constituent company for the week ending October 31st 2014 is: Dualex Energy International Inc (TSX: DXE). To view the complete Ubika Energy 20 index report, click on the download link.
Key Findings for the week:
- None of the constituent companies reported positive performances (in terms of price change) in the week ended October 31, 2014. Only two companies Dualex Energy International Inc. and Torc Oil & Gas Ltd. managed to gain market capitalization for the last week and that too because of the issuance of additional shares.
- The UE20 index declined 4.43% this week to end at 95.57. It outperformed the TSX Venture index (-4.45%) but underperformed the WTI Crude Oil (-0.58%) and S&P/TSX Capped Energy Index (-0.25%).
- The TSX Venture index declined 4.45% last week to close at 769.59. The reason for decline was due to the poor performance of the incumbent companies of the index, continued plunge in oil prices and capital outflow from Canada.
Interested in previous UE20 reports?
Here’s the archive link.
https://smallcappower.com/wp-content/uploads/cloud.modyocdn.com/uploads/39e242c0669411e4952557b7169feab6/original/ue20-03nov14.pdf
