In 2019, the year over year average market cap of the 100 Calgary headquartered companies surveyed for Postmedia increased nearly 17 per cent over 2018. But since the beginning of 2020 and the double economic whammy of COVID 19 and the oil price shock, the average market cap for Calgary’s Top 100 companies has declined by 27 per cent. Ninety four per cent of the companies surveyed and 15 out of the 15 industry sectors on the list have seen their market cap decline since the start of this year..
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