It's difficult for a Canadian investor to ignore the commodities market. At last count, resource stocks made up nearly half the market capitalization of the S&P/TSX Composite Index.
With that in mind, we've significantly changed how we present information on the industry. For starters, we've included it in the main navigation bar.
Then we brought in a new data feed for futures trading on the New York Mercantile Exchange, COMEX and Chicago Board of Trade. Prices are updated every minute, nearly 24 hours a day. We even went so far as developing our own logic for rolling to the next front-month contract. It all comes down to getting you the most accurate data.
In the table at the top of the page, you get a snapshot the major commodity prices in energy, precious metals, base metals and agriculture sectors.
We are also trying to weave stock and commodity price data more tightly together. The layers in the middle of the page have three tables. The first shows you the price activity for all of the commodities in each sector. The second, exactly which companies' fortunes are changing based on that data and in the third, all of the latest news and press releases influencing those moves.
For mutual fund investors, we're crunching the day's data to highlight the gainers and losers in the precious metals and natural resources categories.
There are still two things we're working on. Want to keep an eye on commodities in your Watchlist or add them to a chart? That's another reason why we switched data feeds, and we're working on adding that functionality soon.