IBM.TO is trading at CA$36.94, up +3.07%, as the September 11 technology rebound extends after August CPI matched headline expectations, reducing immediate inflation-surprise fears.

  • Friday’s broad technology rally, including a 1.1% gain in XLK, likely provided positive momentum into September 14.
  • IBM.TO is outperforming today’s weaker major-index backdrop; no new September 14 macro release was identified, so the move appears primarily momentum- and positioning-driven.