Base Metals

Company News

In case you missed it, here is this week’s resource investing big news roundup.

News of the coronavirus continuing to spread in several jurisdictions around the world has caused stock markets to tumble this week, including the Dow Jones, which had its worst week since the financial crisis in 2008. The TSX Composite dropped 2.8 percent to open Friday at 16,258.29 while the TSV Venture Exchange lost 19.37 points to open Friday’s session down 3.7 percent at 501.22. Despite the market reaction, experts remain adamant that the general public need not worry about the virus. “I don’t think we’re at the level yet where the average person needs to be panicking about this,” Dr. Brian Garibaldi, medical director of Johns Hopkins Hospital’s biocontainment unit, told Yahoo Finance’s The Final Round. “But I think it’s important to remember that we’re still in the middle of this flu season. And those basic efforts can do a lot to prevent the spread of this virus.”

In equities, worries regarding the continued spread of the coronavirus continue to wreak havoc on the market, with travel and hospitality services being hit the hardest including Norwegian Cruise Line and American Airlines, the worst performers on the S&P 500 this week.

In case you missed it, here is this week’s resource big news roundup:

Precious

Base

Battery

Energy

To see our previous resource investing big news roundup, click here.

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MARKETS

Markets
TSX20181.92+80.54
TSXV705.58+14.41
DOW31253.13-236.94
S&P 5003900.79-22.89
NASD11388.50-29.66
ASX7064.50-118.20

COMMODITIES

Commodities
Gold1840.78-1.41
Silver21.87-0.03
Copper4.27-0.01
Palladium2016.82+12.81
Platinum963.00+4.00
Oil111.55-0.66
Heating Oil3.65-0.01
Natural Gas8.05-0.26

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