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Stockhouse @ the Bell: Not the “Black Friday” We Expected

Stockhouse Editorial
7 Comments| November 26, 2021

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Markets across the globe sunk Friday on worries that a newly identified COVID-19 variant may force countries to re-introduce new vaccination restrictions or lockdowns. The new strain was detected in South Africa and is called Nu variant. It may be more transmissible than the Delta variant, while current vaccines may be less effective. Canada’s main stock index sustained its biggest fall in 10 months as it was dragged down by a 6% drop in energy stocks. The loonie dove to a two-month low.

Following the Thanksgiving holiday, US markets plummeted during the shortened trading session. Travel and airline stocks were among the hardest hit.

Today in the Markets

TSX 21,125.90 -487.28 Click to enlarge
TSXV 944.05 -31.53 Click to enlarge
CSE 582.72 -7.28 Click to enlarge
DJIA 34,068.81 -905.04 Click to enlarge
NASDAQ 15,491.66 -353.57 Click to enlarge
S&P 500 4,594.62 -106.84 Click to enlarge


The Canadian dollar traded for 78.37 cents US compared with 79.01 cents US on Thursday.

Crude oil prices were down $10.22 to $68.17.

The price of gold was up 0.61 to $1,792.60.

In world markets, the Nikkei was down 747.66 points to 28,751.62, the Hang Seng was down 659.64 points to 24,080.52, the FTSE was down 266.34 points to 7,044.03, and the DAX was down 660.94 points to 15,257.04.



Top 10 Bullboards:

Company Ticker Views
Baytex Energy Corp T.BTE 4211
Air Canada Inc. T.AC 3068
Bombardier Inc. T.BBD.A 2623
Datametrex AI Ltd V.DM 2331
HEXO Corp. T.HEXO 1914
Taseko Mines Ltd. T.TKO 1906
Tantalex Resources Corp C.TTX 1836
New Found Gold V.NFG 1466
PyroGenesis Canada Inc. T.PYR 1338
Spearmint Resources Inc. C.SPMT 1280


Today in the News:
EnviroMetal Technologies Inc. | EnviroMetal Technologies Inc. Announces AGM Results
Luxxfolio Holdings | LUXXFOLIO Closes Acquisition of Ethereum Miner and Crypto Assets
Vejii Holdings Ltd.- | Vejii Holdings Ltd. Announces Q3 2021 Financial Results and Provides Q4 Guidance
Canada House Wellness Group Inc. | Canada House Provides Corporate Update Ahead of MTL Cannabis Transaction
Avicanna Inc. | MediPharm Labs Completes Medical Cannabis Export to Barbados
Gran Tierra Energy Inc. | Gran Tierra Energy Inc. Announces Sale of 137,093,750 PetroTal Shares for US$30.1 Million
Cerrado Gold Corp | Cerrado Gold Achieves Record Gold Production, Head Grades and Operating Margins at Its Minera Don Nicolas Mine in the Third Quarter
Green Battery Minerals Inc | GREEN BATTERY MINERALS Closes $2,316,000 Non-Brokered Private Placement
Max Resource Corp. | The Power Play by The Market Herald Interviews Brett Matich of Max Resources on Their Latest News
Quipt Home Medical Corp. | Stocks2Watch's Virtual Investor Luncheon Agenda Updated for Tuesday November 30
1933 Industries Inc | 1933 Industries Announces AGM Results



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Comments

Which was detected in July.
(172)
November 27, 2021

New not NU. Omicron
(561)
November 27, 2021

New not NU. Omicron
(561)
November 27, 2021

Stop guzzling the Covid Kool-Aid and START doing something about these G/d SPAMMERS, the "Report Abuse" button STILL DOESN'T WORK!
(324)
November 26, 2021

l saw blood in the streets.. what a massacre and all becauseof 30 individuals with new covid variant
(52)
November 26, 2021

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