Should we talk about a cold shower? Still, after having known highs throughout the year, the investors of the New York and Toronto stock exchanges will have been served something like a return to earth in express class.
• Read also: She raises awareness of homelessness thanks to Tiktok
The rapid rise of the Omicron variant in recent weeks, combined with disruptions already present – such as disrupted supply chains, labor shortages, and soaring inflation – will eventually have tempered the market. all markets.
Thus, after reaching unprecedented levels in November, the growth of the flagship index of the Toronto Stock Exchange retreated to settle, in mid-December, below the 20% mark.
On Wall Street, the S&P 500 and Nasdaq will have experienced similar pullbacks.
A great resilience
Never mind, for Luc Girard, portfolio manager of the Noël Girard Lehoux team at Desjardins Wealth Management, 2021 will have been a year of recovery, which will have offered great opportunities for enrichment.
“Profit-taking is normal on the stock market,” says Girard. Overall, the markets will have presented a positive performance, offering a good resilience, like that shown by the population since the start of the pandemic. “
Banks and aviation
Despite the strong possibilities of hike in key rates to curb inflation and a fight against COVID-19 which still holds many surprises in store for us, Mr. Girard expects 2022 to remain profitable for both businesses and Investors.
The financial, industrial and natural resource sectors should make good progress. On the other hand, he fears, those in aviation, tourism and hotels may continue to suffer.
Some highlights
Between Joe Biden’s swearing-in, chaos in ports, soaring inflation, central bank forecasts and the spread of new COVID-19 variants, the world’s stock prices will have been anything but one. long quiet river. Here are a few things that caught our attention.
Quebec Inc. does better than British Columbia
The large public companies in Quebec will have generally done better than their counterparts in British Columbia in 2021, according to the compilation work of the Center for Analysis and Monitoring of the Quebec Index (IQ -30). Over one year, as of December 15, the 30 main Quebec market capitalisations produced a return of 14.63%. This is better than the rate posted by the major market capitalizations in British Columbia (ICB-20), posting a more modest increase of 8.69%. On the other hand, the performance of Quebec companies over one year will have been slightly lower than that of its neighbors in Ontario (IO-40) and the Atlantic (IA-15), with respectively 18.69% and 18.70% return. over a year. All, on the other hand, will have been downgraded by the breathtaking performance of the 25 largest stock markets in Alberta. In fact, the latter (IAB-25) showed an almost unattainable growth … of 52.69%!
Record IPO on the stock market
The year 2021 will have been a record year for most of the world’s stock exchanges, and the Toronto Stock Exchange was no exception.
the TMX Group reports “over 200 new listings” and a record number of initial public offerings (IPOs), also known by the English acronym IPO (for Initial public offering). As of November 30, there were 35, the highest number in the history of the Canadian stock market, confirms its spokesperson Catherine Kee.
Of the number, four are from Quebec. We are talking about Coveo Solutions (CVO) in technologies, Dialogue Health Technologies (CARE) in life sciences, Lion electric (LEV) in clean technologies, and Monarch Mining (GBAR) in the mining sector.
Winners and losers
The refocusing of Bomber (BBD) around the sole manufacture of business jets allowed investors who continued to believe in its potential to have a particularly happy hand. Over one year, as of December 15, holders of shares in the Quebec aircraft manufacturer had benefited from an increase of 244.68%!
On the contrary, the shareholders of Goodfood Market (FOOD) and Lightspeed (LSPD), two Quebec stars of recent years on the Toronto Stock Exchange, have had a much less happy hand. By mid-December, the title of 1st had fallen 66.56% in one year, while that of Lightspeed was down more than 36%.
The richest are are … enriched
The year will have paid off again for many of the most prominent fortunes on the planet. This is the case withElon musk, considered the richest billionaire on the planet, according to Bloomberg. As of December 22, the fortune of the boss of Space X and Tesla was valued at US $ 261 billion. The latter has gained 67.3%, or US $ 105 billion, since January 2021.
In comparison, the gains of Jeff Bezos, boss of Amazon, were much more modest. With gains of US $ 6.25 billion (or 3.27%) since the start of the year, his fortune has now reached US $ 197 billion, according to the Bloomberg news agency.
AFP Photo
Bernard Arnault
Finally, the French businessman Bernard Arnault this year became the third largest billionaire on the planet. The CEO of LVMH (Moët Hennessy Louis Vuitton) would now have a personal fortune of US $ 170 billion, up 48%, or US $ 55.6 billion compared to last January.
Disclaimers
If the Toronto Stock Exchange has been a very popular financing vehicle this year, several Quebec companies will have surprised by choosing to give up after having announced their intentions to proceed with an initial public offering (IPO). This was particularly the case in June of Lumenpulse, from Longueuil, specializing in high performance lighting. The latter chose to backtrack by evoking “non-optimal conditions”. The same scenario happened again in September with the manufacturer of personal care products kdc / one, originally from Knowlton in the Eastern Townships. Finally, in November, this is also the decision that the Montreal digital advertising sales platform will have taken. Sharethrough.