TSX sees 1% weekly loss amid devastating BC floods, loonie down

2 min read | November 19, 2021 01:30 AM EST | By Sundeep Radesh

TSX sees 1% weekly loss amid devastating BC floods, loonie down

Volume active

Manulife Financial Corporation was again the most traded stock with 11.75 million shares exchanging hands. It was followed by Suncor Energy Inc with nearly 9.11 million shares exchanging hands. In third place was Cenovus Energy Inc with seven million shares exchanging hands. All three ended the day in the red.

Movers and laggards

Nasdaq breaches 16,000 point-mark for new record closing

As the AAPL stock soared on news that Apple is pursuing a fully autonomous self-driving car, Nasdaq breached the 16,000 points by close mark, growing to a new record high for the second consecutive day. The index gained 63.73 points, 0.4 per cent, to 16,057.44.

The Dow dropped 268.97 points, 0.75 per cent, to 35,601.98 points and the S&P 500 was down 6.58 points, 0.14 per cent, to 4,697.96.

Oil prices plummet

Gold fell 0.53 per cent to US$ 1,851.60. Brent oil was down 2.89 per cent to US$ 78.89/bbl, while crude oil fell by 3.68 per cent to US$76.10/bbl.

Loonie down

The loonie fell 0.3 per cent while USD/CAD was up to 1.2638. The US Dollar Index grew 0.55 per cent against the basket of major currencies Friday and ended at 96.07.

Money market

The US 10-year bond yield ended lower by 2.48 per cent Friday to 1.548 while the Canada 10-year bond yield fell 2.03 per cent to 1.666.

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