What were the winners of this year’s global stock exchanges? / Which shares had poorer performance?
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According to Trade News, in early 2021, oil prices were below $ 50 per barrel. But they are now trading at $ 70. In October this year, the price reached $ 85. A price that has been unprecedented in the last seven years. So it is not surprising that the energy exchange market will win this year.
Devon Energy extracted the best performance in the S&P 500 index with a profit of 180% on September 13. MPC and FANG shares have grown more than 100%. And COP stocks have almost doubled.
As long as crude oil prices remain in the $ 60- $ 80 range, oil stocks will continue to perform well in 2022, according to Cyan.
Oil and gas companies are not the only companies that prospered in 2021. Modern vaccine maker Ford and chip giant Nvidia have all more than doubled in 2021.
Poorly performing stocks
Betting and video games have been a major setback for investors. Among this year’s losers, PENN Casino and Sports Betting Company (PENN) was the worst stock this year, losing almost half of its value in 2021. The Las Vegas Sands (LVS) and Wayne Resources (WYNN) each lost 37 and 22 percent, respectively.
Traders also avoided investing in computer video games and gaming devices. For example, the stock of the maker of Call of Duty has fallen 35%. Defects in Sony and Microsoft gaming devices also damaged the video game segment.
Shares of various media outlets also fell this year. CNN shares, for example, have fallen more than 20 percent. Shares of companies such as CBS and Disney were also in the red.
Contrary to concerns about the outbreak of a new strain of the corona virus, the omicron, investors believe that the economy is returning to normal and people are returning to work and, thanks to vaccines, resuming their leisure activities.