The most popular stock and ETF quotes on Globe Investor in 2020 theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Michael Bellusci, Bloomberg News The Shopify headquarters as snow falls in Ottawa, Ontario, Canada, on Sunday, Nov. 22, 2020. Shopify Inc. expects a banner holiday season as the worsening pandemic encourages more consumers to shop online and buy from the small businesses that sell through its platform. , Bloomberg
(Bloomberg) Canadian equities closed out 2020 with a slight gain, though lagged their peers south of the border.
The S&P/TSX Composite Index advanced 2.2% this year, while the S&P 500 Index rose 16%. Oil & gas stocks were among laggards as lockdowns continued, denting demand.
Hereâs a look at some companies that benefited and those that have suffered this year.
We re #33!: TSX ekes out gain in pandemic-ravaged 2020
Ian Vandaelle, BNN Bloomberg VIDEO SIGN OUT
2020 will go down in financial market history as one of the most dramatic years on record.
The global pandemic prompted unprecedented lockdowns, a tsunami of fiscal and monetary stimulus, and the most volatile swings on equity markets in a generation. Torontoâs benchmark S&P/TSX Composite Index plunged 37 per cent from peak to trough, then clawed its way back to post a 2.17 per cent gain in 2020. Thatâs good for 33rd out of 92 major global indices, with the TSX sandwiched between Malaysia and Norway in terms of total 2020 returns, but badly lagging the 16 per cent return on the S&P 500 as surging tech stocks turbocharged the bounceback south of the border.
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This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201229005471/en/
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a
Tuesday s Insider Report: Executives are selling this fuel cell tech stock that s tripled in 2020 theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.