Advancers & Decliners - Week Ending April 24, 2020

Things are finally starting to calm down in both the U.S. and Canadian markets as volatility was noticeably down - the S&P 500 had weekly standard deviation of just about 5%, while the S&P/TSX Composite was a bit more volatile just short of 8%. Still, a welcome relief from the 15% + figures we’ve been seeing the last number of weeks.

Overall the average S&P 500 stock lost 1.60% while the average S&P/TSX Composite stock gained 2.42% thanks primarily to the relatively large number of Materials and Energy stocks in Canada. On the market capitalization-weighted price indexes, the S&P 500 fell 1.32% while the S&P/TSX Composite gained 0.42%.

On the U.S. side, some of the big winners this week were Apache (26%), Tractor Supply (10%) and Twitter (7.64%) while L Brands fell more than 25% and Boeing slid just over 16%. Here up north in Canada, BRP gained 23% and Torex Gold was up 35%, while some of the big names were among the worst performers in their respective sectors including Teck Resources (-6%) , Brookfield Property Partners (-12.65%) BCE (-3.42%) and Great West Lifeco (-9%).

Check out the major advancers and decliners by sector below and be sure to subscribe to receive this Sunday’s newsletter as well as access to the full weekly tracker files for both the S&P 500 and the S&P/TSX Composite Index. Happy investing!