5 from 5i: You are a better investor than you think you are

Barkha Rani Aug 05, 2022
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Market View

Statistics Canada reported a net loss of 30,600 jobs last month, while the expectations were of a gain of 15,000 jobs. The unemployment rate came in steady at 4.9% as the participation rate declined. The US dollar rose slightly while gold and crude oil prices slipped. The Canadian dollar was 77.27 cents USD. The U.S. S&P500 ended the week up 0.8%, while the TSX ended the week flat.


Some large swings were seen this week. Healthcare gained 7.4%, followed by technology, which added 6.1%. Industrials ended the week up 3.2%, while consumer discretionary gained 2.7%. Energy slid by 7.4%, and consumer staples declined by 1.5%. The most heavily traded shares by volume were Enbridge Inc, Cenovus Energy, and Athabasca Oil Corp.

5 from 5i

Here are five reads we found interesting last 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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