It was a less-than-stellar year for investors in British Columbia’s biggest publicly traded companies as they, like the broader Canadian stock exchange, absorbed the ravages of economic uncertainty in the rest of the world.
Except for the stocks of B.C. companies outside the resource sector.
Of the Top 10 B.C. companies on the Toronto Stock Exchange, shares in fashionable yoga-wear maker Lululemon Athletica posted the biggest 2011 gain, a phenomenal 42 per cent, although investors could be forgiven for thinking things could have been better as its stock soared 80-per-cent higher before settling back.
Teck Resources Ltd., Canada’s biggest diversified miner, saw the biggest drop in share value at 43 per cent over 2011 as skittish investors bailed out of commodities.
Another winner, Telus Corp., saw its share price smartly march up to a 26-per-cent-gain over 2011, although the company’s stock did experience a few volatile swings along the way.
New Gold was the only mining firm in the Top 10 to show a gain, at just over eight per cent.
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