The S&P/TSX 60, which closely resembles the JSI Index of 60 Canadian stocks, rose 1.43 per cent, while the broader S&P/TSX Composite edged up 1.54 per cent.
The JSIÂ continues to suffer because it doesn’t include more oil and gas stocks in its group. The Jantzi does include Suncor Energy Inc. on its menu of stocks because Suncor does a better job than other energy sector companies in regard to the environment. Suncor kept the Jantzi competitive with the conventional indexes in August, according to an analysis by State Street Global Advisors.
Since its inception in January 2000, the JSI has risen 95.42 per cent in value. Over the same period the S&P/TSX 60 has grown 95.17 per cent and the S&P/TSX Composite has pushed up 93.21 per cent.
JSI performs well pre-market meltdown
By Catholic Register Staff
{mosimage}TORONTO - The pre-Wall Street meltdown market was a calm, even dull affair for Canadian ethical investors judging by the Jantzi Social Index results for August.
The JSI rose 1.4 per cent in August, keeping pace with the best known conventional indexes.
The JSI rose 1.4 per cent in August, keeping pace with the best known conventional indexes.
Please support The Catholic Register
Unlike many media companies, The Catholic Register has never charged readers for access to the news and information on our website. We want to keep our award-winning journalism as widely available as possible. But we need your help.
For more than 125 years, The Register has been a trusted source of faith-based journalism. By making even a small donation you help ensure our future as an important voice in the Catholic Church. If you support the mission of Catholic journalism, please donate today. Thank you.
DONATE