Check out the top advancers and decliners on the S&P/TSX Composite Index for the week ending April 3, 2020.
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Check out this week’s best and worst performers by sector - take a guess as to which company was the only one to end up in the green?
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With one of the most brutal weeks on record, the TSX fell 8.86% on coronavirus fears, specifically that our governments are ill-prepared to deal with a potential crisis. Only 2 out of the 230+ issuers ended up in the green for the week - click to find out who!
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The TSX was poised for another solid gain this week and then all of a sudden, it gave back all its gains on a disappointing end to the week, closing down about 5 points at 17,843.53. Check out the major advancers and decliners by sector by continuing your read here!
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The TSX gained 337 points, or 1.95% this week to close at 17,655.49 as the cap-heavy Financials sector was the biggest winner. All 27 stocks ended in the green with the big 5 banks (BMO, Scotiabank, CIBC, Royal, TD) averaging a 2.50% gain. Click to see the best and worst performing stocks on the TSX this week!
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The TSX dropped 247 points this week, or 1.41%, to end at 17,318.49. The decline was mostly felt on Friday as the World Health Organization declared the novel coronavirus a global health emergency and North American airlines canceling flights to China, including Air Canada which was the worst performing Industrials sector on the week. Most other sectors experienced above-normal volatilities, with only about 28% of TSX Composite Index stocks ending positive for the week. Continue reading to check out the biggest advancers and decliners by sector. Have a great week!
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Approximately one year ago on December 7, 2018, seven brokerages lowered their one-year price targets on Dollarama after the release of quarterly earnings. As the Motley Fool summarized at the time, “results were…disastrous”. Now that a full year has passed, we can now take an objective look at how good these estimates were.
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