Company Overview: PetroTal Corp. (TSX: TAL) is an oil and gas company. The company is engaged in the exploration, appraisal, and development of crude oil and natural gas in Peru, and South America. FibroGen, Inc. (NASDAQ: FGEN) incorporated on September 29, 1993, is a biopharmaceutical company focused on developing and commercializing innovative therapeutics targeting critical areas of cancer biology and anemia. The Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.
Global Markets Wrap-Up
On January 08, 2025, the S&P 500 index settled at 5918.25 with a week till date loss of 0.96%; moreover, the tech-heavy NASDAQ composite declined by ~0.73% on a WTD basis and settled at 19478.88. While the Russell 2000 settled at 2238.96, reflecting a loss of ~1.30% on a WTD basis.
Considering the Canadian market, the benchmark S&P/TSX Venture Composite Index (TSX: ^JX) started the week on a negative note and continued the momentum. On January 09, 2025, the index closed at 615.08 with an overall week-to-date (WTD) loss of 1.32%. Industrials, consumer non-cyclicals, financials, basic materials, energy, consumer cyclicals, and technology were the leading sectors, while healthcare and real estate were the laggards on Thursday.
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