ARTICLE · 06 NOVEMBER 2013

Technology Companies Lead In First Half Of 2013

Duff and Phelps

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The technology sector has been a leading sector in the S&P/TSX Composite Index in the first half of 2013 with the large cap S&P/TSX Information Technology Index up 18.6% benefitting from CGI Group (up 34.3%), Open Text (up 29.3%) and Macdonald Dettwiler (up 24.7%).

CanadaStrategy

Derek Van Der Plaat

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The technology sector has been a leading sector in the S&P/TSX Composite Index in the first half of 2013 with the large cap S&P/TSX Information Technology Index up 18.6% benefitting from CGI Group (up 34.3%), Open Text (up 29.3%) and Macdonald Dettwiler (up 24.7%). The mid-market Veracap Technology Index ("VTI")¹ was even stronger delivering an increase of 27.8% benefitting from such high fliers as Points International Ltd. (up 106.4%), Vuzix Corporation (up 90.8%), Solium Capital Inc. (up 90.2%) and C-Com Satellite Systems Inc. (up 86.4%)². The broad S&P/TSX Composite Index was held back by lagging sectors such as Materials, Income Trusts and Utilities resulting in a return of negative 2.5% for the first half of 2013.

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