Fairfax Financial Holdings Ltd T.FFH

Ink Research

[retiredcf]

January 8, 2024 - It is early, but so far 2024 is unfolding a bit like 2022 when the Energy sector led out of the gate. In the first week of trading this year, the S&P/TSX Capped Energy Index advanced 3.2%. That helped the INK Canadian Insider (CIN) Index advance 0.54% over the period, while the tech-heavy NASDAQ 100 Index fell 3.1% and the S&P/TSX Composite Index slipped 0.1%. The INK CIN Index leaders over the past week were Peyto Exploration & Development (Mostly Sunny; PEY), up 7.6%, Athabasca Oil (Mostly Sunny; ATH), up 5.5%, and Fairfax Financial Holding (Mostly Sunny; FFH), up 4.9%. The laggards were IAMGold (Mixed; IMG), down 5.1%, Stelco Holdings (Sunny; STLC), down 4.3%, and Onex (Sunny; ONEX), down 4.1%.