The S&P/TSX Composite Index is down about 26% year-to-date. However it was down much before the 19% jump in the index in 3 days last week. The index reach a peak of 17,970 in Feb. Then it plunged dramatically in just a few weeks all the way to 11,172. This was the worst sharp decline in …
Continue reading ‘Comparing Canada Stock Market’s COVID-19 Crash To Past Routs’ »
The economy of Canada is mainly natural resources based whereas the US economy is well diversified. Accordingly materials and energy are two of the major sectors in the benchmark TSX Index. The following chart shows the total returns and sector weights in the benchmark index of Canada and the US: Click to enlarge Note: …
The Canadian stock market has under-performed the US market for many years now. For instance, while the S&P 500 is downy 1.52% year-to-date based on price, the S&P TSX Composite Index is off by 8.7%. The following chart performance of the two indices in the past 5 years: Click to enlarge Source: Yahoo Finance According …
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The Canadian equity market offers plenty of opportunities from non-financial sectors. Below are 5 such companies for further research: 1.Company: TELUS Corp (TU) Current Dividend Yield: 4.60% Sector: Telecom 2.Company: BCE Inc (BCE) Current Dividend Yield: 5.74% Sector: Telecom 3.Company: TransCanada Corp (TRP) Current Dividend Yield: 5.26% Sector: Oil & Gas Transportation 4.Company: Enbridge Inc …
There have been nine bull and bear markets in the Canadian equity market since 1957. Like in other countries, bull markets have been longer than bear markets with the average bull market lasting 70 months with an average return of over 141%. Similarly the average bear market lasted about 12 months with an average loss …
Continue reading ‘Bull and Bear Markets in Canada since 1957’ »