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Stockhouse @ the Bell: Tech Shares Pull off a Comeback

Stockhouse Editorial
5 Comments| December 7, 2021

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Canada’s main stock index closed up more than 300 points in Tuesday trading in a broad-based rally as fears about the impact of the latest COVID-19 variant lessened and the price of oil surged back over $70 a barrel. News of the Omicron variant injected volatility into the markets last week.

Sponsored by
Leaf Mobile Announces Name Change to East Side Games Group


South of the border, US stocks also closed significantly higher as technology firms bounced back on easing concerns around the Omicron variant, while Intel jumped after plans to take its self-driving car unit public. As investors rotated into sectors like energy, some high-flying growth stocks were battered in recent days, but banks that stand to perform better in a tightened US monetary policy environment.

Today in the Markets

TSX 21,162.65 +301.55 Click to enlarge
TSXV 920.55 +22.85 Click to enlarge
CSE 525.70 +5.67 Click to enlarge
DJIA 35,719.43 +492.40 Click to enlarge
NASDAQ 15,686.92 +461.76 Click to enlarge
S&P 500 4,686.75 +93.91 Click to enlarge

The Canadian dollar traded for 79.05 cents US compared with 78.25 cents US on Monday.

Crude oil prices were up 32.11 to $72.60.

The price of gold was up 2.62 to $1,783.50.

In world markets, the Nikkei was up 528.23 points to 28,455.60, the Hang Seng was up 634.28 points to 23,983.66, the FTSE was up 107.62 points to 7,339.90, and the DAX was up 433.15 points to 15,813.94.


Top 10 Bullboards:


Company Ticker Views
Theralase Technologies Inc. V.TLT 7890
CGX Energy Inc V.OYL 2260
Bombardier Inc. T.BBD.A 2004
BLACKBERRY LIMITED T.BB 1996
HEXO Corp. T.HEXO 1964
Harte Gold Corp. T.HRT 1919
Baytex Energy Corp T.BTE 1445
Datametrex AI Ltd V.DM 1443
PyroGenesis Canada Inc. T.PYR 1427
Nexoptic Technology Corp V.NXO 1416


Today in the News:

Luxxfolio Holdings | LUXXFOLIO Closes $9.5 Million Bought Deal Financing
Nexus Gold Corp. | Nexus Gold Expands Dakouli 2 Gold Concession, Burkina Faso, West Africa
American CuMo Mining Corp | American CuMo Mining Provides Update
Highmark Interactive Inc. | Highmark Interactive Inc Builds Momentum as the Optimal Choice for NCAA Schools by Announcing Competitive Proposal Win With Ball State University and Addition of the State University of New York at Albany
Banxa Holdings Inc. | Banxa Announces November Record Transaction Volume of $245 Million
Vejii Holdings Ltd.- | Vejii Announces 100% Revenue Growth Over Q3 in Month of November
Alianza Minerals Ltd | Alianza Minerals and Cloudbreak Discovery Option out the Klondike Property, Colorado, to Allied Copper
Rover Metals Corp. | Rover Metals Announces Infill and Delineation of the Historic Beaver Zone, at Cabin Gold, NT, Canada
Siyata Mobile Inc. | Siyata Mobile Receives $1.3M Purchase Order for SD7 Ruggedized Devices and Accessories
Northstar Gold Corp | Northstar Completes Miller Gold Drill Program and Closes Bought Deal Private Placement
CLS Holdings USA Inc | CLS Holdings USA, Inc. Announces New Brand Manager, Dani Baranowski, for The Company's Branded Division, City Trees
Golden Lake Exploration Inc | Golden Lake Expands Footprint and Thickness of The Eureka Tunnel Mineralized Zone at The Jewel Ridge Property in Nevada Including Intercept of 66 Meters of 1.10 G/T Gold in Hole JR-21-25
Saturn Oil & Gas | Saturn Oil & Gas Inc. Receives Additional ASCP Funding, Initiates Land Reclamation Program and Provides an Operational Update
BioVaxys Technology Corp | Biovaxys Announces Major Research Collaboration With The Ohio State University To Develop Broadly Reactive Pan-Sarbecovirus Vaccine
Decibel Cannabis Company Inc | Decibel Announces Record Market Share in November and General Admission Brand Entering the Top 10 Largest Brands in Canada
ShaMaran Petroleum Corp. | ShaMaran Announces Dates for 2023 Bond Amortization Payment
Nextech AR Solutions Corp | Nextech AR CEO Evan Gappelberg Buys 72,656 Shares of Company Stock In Open Market
Fabled Silver Gold | Fabled Definition Drilling to the East Continues to Add to Deposit Modelling
Alvopetro Energy | Alvopetro Announces November Sales Volumes
C3 Metals Inc. | C3 Metals Announces OTCQB Listing and DTC Eligibility
Gamesquare Esports Inc. | Complexity Gaming Signs Popular Warzone Trio: The Baka Bros
HIRE Technologies Inc | HIRE Technologies Presents Strategies to Capture a Growing and Massively Fragmented Human Capital Market
Komo Plant Based Foods Inc | Komo Plant Based Foods Now Available for Home Delivery Across Canada
First Helium | First Helium Announces "1-30" Light Oil Discovery at Worsley
Givex Information Technology Group Ltd Com | Givex Announces Third Quarter 2021 Financial Results



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