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Stockhouse @ the Bell: Markets recover from tech selloff

Stockhouse Editorial
1 Comment| April 27, 2022

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Canada’s main stock index gained ground on Wednesday, a day after the benchmark index hit a near-three-month low, aided by a rebound in oil prices and upbeat earnings from domestic companies. The health care, financial, tech, utilities, and telecom sectors moved lower.

After growing fears of a global economic slowdown and more aggressive Federal Reserve had pummeled technology and growth stocks in the previous session (that sent the NASDAQ to its lowest close since December 2020), US stocks closed higher on strong earnings updates.

Today in the Markets

TSX 20,744.23 +53.42 Click to enlarge
TSXV 808.73 -3.59 Click to enlarge
CSE 367.04 -15.50 Click to enlarge
DJIA 33,301.93 +61.75 Click to enlarge
NASDAQ 12,488.93 -1.81 Click to enlarge
S&P 500 4,183.96 +8.76 Click to enlarge

The Canadian dollar traded for 77.97 cents US compared to 78.25 cents US on Tuesday.

Crude oil prices were down 0.02 to $101.70.

The price of gold was down 20.49 to $ 1,886.25.

In world markets, the Nikkei was down 313.48 points to 26,386.63, the Hang Seng was up 11.65 points to 19,946.36, the FTSE was up 39.42 points to 7,425.61, and the DAX was up 37.54 points to 13,793.94.


Top 10 Bullboards:

Company Ticker Views
Baytex Energy Corp T.BTE 5154
Cenovus Energy Inc T.CVE 3174
Canopy Growth Corporation T.WEED 2646
PyroGenesis Canada Inc. T.PYR 2580
Bombardier Inc T.BBD.A 2375
Critical Elements Lithium Corp V.CRE 2242
Theralase Technologies Inc. V.TLT 2013
Xebec Adsorption Inc T.XBC 1954
Datametrex AI Ltd V.DM 1856
THC Biomed International Ltd C.THC 1782


Today in the News:

Falcon Gold Corp | Falcon Appoints Glayton Dias Exploration Manager for BC & South America
Belmont Resources Inc. | Belmont Announces Completion of First Drill Program at Come By Chance
Deep-South Resources | THE MINISTRY OF MINES AND ENERGY OF NAMIBIA LATE TO FILE ITS DEFENSE AND SHALL FILE AT THE LATEST ON APRIL 29, 2022
Queensland Gold Hills Corp. | Queensland Gold Hills Mobilizes Drill Rig and Collars First Hole of Inaugural Drill Program at the Big Hill Gold Property in Queensland, Australia
Star Navigation Systems Group | Star Navigation and FlightPath Attend Civil Aviation Airshow in India
Bee Vectoring Technologies International Inc | Bee Vectoring Technologies Announces Mexico Regulatory Submission as Part of Planned Geographic Expansion
Ucore Rare Metals Inc. | Ucore Announces Successful Independent Expert Evaluation of RapidSX Rare Earth Separation Technology
Filament Health | FILAMENT HEALTH ANNOUNCES FOURTH PATENT ISSUANCE
Dynacor Gold Mines Inc | Dynacor Declares May 2022 Monthly Dividend
Imagine Lithium Inc. | Imagine Lithium Sells Its Interests in Red Lake
Eloro Resources Ltd. | Eloro Resources Intersects 169.11 g Ag eq/t (64.30 g Ag/t, 0.96% Zn, 0.37% Pb and 0.07% Sn) over 235.55m to further Expand Higher Grade area to the North in the Eastern Part of the Santa Barbara Target at the Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Bolivia
Good natured Products Inc | good natured Products Inc. Announces Preliminary Unaudited Results for the First Quarter Ended March 31, 2022
i-80 Gold Corp. | i-80 Gold to Host Annual General Meeting, Investor Day & First Quarter Results
Clean Air Metals Inc | Clean Air Metals Reports Drill Results from the Escape Deposit including Hole 129 with 90.0m averaging 1.04 g/t Platinum, 1.33 g/t Palladium, 0.49% Copper, 0.28% Nickel
Billy Goat Brands Ltd. | Billy Goat Brands Increases Ownership of Sustainable Packaging Disruptor Evanesce Packaging
Graph Blockchain Inc. | Graph Blockchain Announces Normal Course Issuer Bid
Mind Cure Health Inc | MINDCURE Announces Financial Results for the Third Quarter of Fiscal 2022
Vox Royalty Corp | VOX ROYALTY ANNOUNCES RECORD FINANCIAL RESULTS FOR 2021
Cloud DX | Cloud DX Announces Closing of Private Placement
ShaMaran Petroleum Corp. | SHAMARAN PUBLISHES SUPPLEMENT TO PROSPECTUS
Gran Tierra Energy Inc. | Gran Tierra Energy Inc. Provides Release Date for its 2022 First Quarter Results and Details of Annual Meeting of Stockholders
Mobi724 Global Solutions Inc. | Mobi724 Global Solutions Announces Date of Release of Q4 2021 and 2021 Annual Financial Results and Details of Investor Conference Call
Rover Metals Corp. | Rover Metals Announces Second Closing of $0.05 Unit Financing
Zoomd Technologies Ltd | Zoomd to Report 2021 Audited Financial Results on April 29, 2022
Alphamin Resources Corp. | ALPHAMIN REPORTS THE BEST HIGH-GRADE DRILLING INTERCEPTS TO DATE AT MPAMA SOUTH



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