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TSX:FFH 7 December 2025 - 9 January 2026

Fairfax Leads Race for IDBI Bank Stake Sale: December-End Bid Deadline Near as Kotak Stays in the Fray

Fairfax Leads Race for IDBI Bank Stake Sale: December-End Bid Deadline Near as Kotak Stays in the Fray

Fairfax Financial has emerged as the frontrunner to acquire a 60.72% stake in IDBI Bank from the Indian government and LIC, sources said. The stake, valued at nearly $7 billion, has also drawn a bid from Kotak Mahindra Bank. IDBI Bank shares rose 3.6% to ₹98.60 on December 12 after news of the narrowed field. The deadline for financial bids is set for late December, possibly extending into January.
12 December 2025
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S&P/TSX Composite Weekly Update: Canada’s Benchmark Near Record High as 2026 Outlook Brightens for World Indices (Dec. 7, 2025)

S&P/TSX Composite Weekly Update: Canada’s Benchmark Near Record High as 2026 Outlook Brightens for World Indices (Dec. 7, 2025)

The S&P/TSX Composite Index closed at 31,311 on Friday, down 166 points after hitting a record high Thursday. The index remains up over 20% year-to-date, boosted by gains in materials, financials, and energy. Friday’s drop followed profit-taking and sector rotation, with materials and technology leading declines. Canada reported a surprise gain of 53,600 jobs in November, lowering unemployment to a 16-month low.
7 December 2025
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