5 from 5i: The other side of a mania

Barkha Rani Dec 03, 2021
Headline image for 5 from 5i: The other side of a mania

Market View

The spread of the Omicron coronavirus variant sparked fears about recovery speed and plans globally putting pressure on global indices. The US dollar gained while fold prices edged lower for the third straight week. The Canadian dollar was 78.30 cents USD. U.S. S&P500 ended the week down 2.4%, while the TSX ended the week down 3.5%.


All but one sector ended in red this week. Healthcare slid 11.9%, while technology and energy gave up 7.6% and 5.3%, respectively. Materials slipped 4.1%, while consumer discretionary ended down 3.4%. Consumer staples ended the week flat, while telecommunications added 0.5%. The most heavily traded shares by volume were Bombardier Inc, Suncor Energy, and Fission Uranium.

5 from 5i

Here are five reads we found interesting last week:


Chart of the week


Happy Reading & Stay Safe!


Disclosure: The analyst(s) responsible for this report do not have a financial or other interest in securities mentioned.



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