FANMAG stocks beat total value of Canada, Europe indexes

Combine the FANG stocks with Apple Inc. and Microsoft Corp., and the result is a market-value powerhouse from a global perspective. The combined value of the so-called FANMAGs reached $7 trillion for the first time Monday, according to data compiled by Bloomberg. They exceeded the total value of shares in six developed-market stock indexes: Canada’s S&P/TSX Composite, France’s CAC 40, Germany’s DAX, Italy’s FTSE MIB, Spain’s IBEX 35 and the U.K.’s FTSE 100. The company-index comparison was made by the MacroMarketsDaily blog in a Twitter post two weeks ago.

Canadian banks

The Canadian financial industry is dominated by the Big Five banks:

(by market cap)                        
Company name Mkt Cap▼

1. RY   Royal Bank of Canada  89.50B   
2. TD   Toronto-Dominion Bank  78.00B
3. BNS  Bank of Nova Scotia (Scotiabank) 49.85B
4. BMO  Bank of Montreal   34.38B
5. CM  Canadian Imperial Bank of Commerce  27.44B

finviz charts:  (vol) https://finviz.com/screener.ashx?v=211&ta=0&o=-volume&t=RY,TD,BNS,BMO,CM

charts - avg vol (3 months): 

    

 ©Artremis  (4/12/20)

Canadian banks: Scotiabank (NYSE:BNS )

The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational bank. It is the third largest bank in Canada by deposits and market capitalization. 

• Headquarters: Toronto, Canada

• scotiabank.com

 

The Royal Bank of Canada: 30 best stock ideas for 2016

• The Royal Bank of Canada (NYSE:RY) is the largest bank in Canada by market capitalization.