On October 24, 2007 - Standard & Poor's Canadian Index Operations announces the following index changes to the large cap S&P/TSX 60 Index
Alcan will be removed from the S&P/TSX Composite and Capped Composite, the
S&P/TSX Equity and Capped Equity, the S&P/TSX 60
Cott Corporation (TSX:BCB) and Celestica Inc. (TSX:CLS) will also be removed from the S&P/TSX 60
Gildan Activewear Inc. (TSX:GIL), Inmet Mining Corporation (TSX:IMN) and Uranium One Inc. (TSX:UUU) will be removed from the S&P/TSX Completion and Equity Completion indices and placed in the S&P/TSX 60, 60 Capped and Equity 60 indices. These transactions will be effective after the close of Wednesday, October 31, 2007
Indexers and tax loss selling has killed this stock - often orphaned stocks will perform better after being booted from a benchmark index
Alcan will be removed from the S&P/TSX Composite and Capped Composite, the
S&P/TSX Equity and Capped Equity, the S&P/TSX 60
Cott Corporation (TSX:BCB) and Celestica Inc. (TSX:CLS) will also be removed from the S&P/TSX 60
Gildan Activewear Inc. (TSX:GIL), Inmet Mining Corporation (TSX:IMN) and Uranium One Inc. (TSX:UUU) will be removed from the S&P/TSX Completion and Equity Completion indices and placed in the S&P/TSX 60, 60 Capped and Equity 60 indices. These transactions will be effective after the close of Wednesday, October 31, 2007
Indexers and tax loss selling has killed this stock - often orphaned stocks will perform better after being booted from a benchmark index
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