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home / news releases / ZCAN - The Dreaded Month-Long Downtrend


ZCAN - The Dreaded Month-Long Downtrend

By Kurt Reiman, Daniel Donato

Canadian equities extended their losses last week, though fell slightly less than the U.S. market, bringing the one-month decline in the S&P/TSX Composite Index from its peak on February 20 to nearly 34%. Kurt and Daniel break down recent developments in stocks and take an inventory of policy developments after an eventful week.

Energy was the worst-performing sector in the S&P/TSX Composite Index (TSX) and slid another 19% during this past week alone as crude prices remained heavily depressed. At one point during the week, Western Canadian Select traded below

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Stock Information

Company Name: SPDR Solactive Canada ETF
Stock Symbol: ZCAN
Market: NYSE

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