November Rating: Leaders and Outsiders In Stock Markets Worldwide

November Rating: Leaders and Outsiders In Stock Markets Worldwide

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By our good old tradition, let us have a look at the results of November and single out the papers of the largest stock exchanges that sky-rocketed and those that dropped deep down.

Who created the ratings and how did they do it?

Our November list is based on the RBC Investments materials. To comprise the top-tens, the rates of the stocks on October 30th and November 30th were compared, and the difference was reflected in percent.

Top-ten stocks that grew

  1. Capri grew by 66.73 % (from $21.22 to $35.38)
  2. Macy’s – 64.41% (from $6.21 to $10.21)
  3. Apache — 55.3 % (from $8.30 to $12.89)
  4. Alcoa — 54.02 % (from $12.92 to $19.9)
  5. Tesla — 46.27 % (from $388.04 to $567.6)
  6. Boeing — 45.93 % (from $144.39 to $210.71)
  7. Carnival — 45.73 % (from $13.71 to $19.98)
  8. Applied Materials — 39.25 % (from $59.23 to $82.48)
  9. Schlumberger — 39.16 % (from $14.94 to $20.79)
  10. ConocoPhillips — 38.23 % (from $28.62 to $39.56).

Top-seven stocks that fell

  1. Alibaba dropped by 13.56 % (from $304.69 to $263.36)
  2. Regeneron — 5.06 % (from $543.56 to $516.03)
  3. Biogen — 4.72 % (from $252.07 to $240.17)
  4. Momo — 4.13 % (from $15.00 to $14,38)
  5. China Mobile — 2.86 % (from $30.73 to $29.85)
  6. JOYY — 2.53 % (from $91.38 to $89.07)
  7. EQT — 1.72 % (from $15.14 to $14.88).

What happened in November?

I can say quite confidently that this month was quite successful for the market. If you need proof, check the Dow Jones Industrial and NASDAQ Composite indices. The former increased by 11.84%, which became the largest monthly growth since 1987, while the latter – by 11.80%.

As for the main reason for the stock price growth, I’d highlight the US presidential elections. The end of the race stabilized the stock market.

Quite the opposite effect had the toughening of regulation measures in Chinese IT. That’s why the anti-rating includes 4 companies from China.

Meanwhile, the news about successes in the development of the vaccine against Covid-19 did not support all the companies. On the one hand, the top-ten got back some representatives of aircraft construction, metallurgy, retail, tourist, oil and gas spheres.

On the other hand, alongside Chinese corporations, US pharma companies that demonstrated no success in fighting against Covid-19 joined the anti-rating. Nothing to offer for the battlefield – shrink to the bottom.

Summing up

The average growth of foreign stock prices in November amounts to 49.5%, and the average decrease – 4.95%. Let me remind you that in October, it was 27.2% against 13.13%, respectively.

This means that last month, the speed of growth increased by 82%, and the speed of falling dropped by 62%.

Well, we can’t help feeling happy for Apache, Boeing, and ConocoPhillips that leaped from the anti-rating to the top-ten in just one month. Stay tuned and see what surprises will give the stock prices in December.




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