Is this a good thing?
posted on
Mar 15, 2013 10:35AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
TORONTO, March 8, 2013 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes as a result of the Quarterly S&P/TSX Composite Index Review. These changes will be effective at the open on Monday, March 18, 2013:
S&P/TSX COMPOSITE INDEX
ADDITIONS | |||
Issue Name | Symbol | 60/Completion |
Live Composite GICS Sector Index |
Element Financial Corporation | EFN | Completion | Financials |
DELETIONS | |||
Issue Name | Symbol | 60/Completion |
Live Composite GICS Sector Index |
Colossus Minerals Inc. | CSI | Completion | Materials |
Nordion Inc. | NDN | Completion | Health Care |
Petrobank Energy & Resources Ltd. | PBG | Completion | Energy |
Changes to the S&P/TSX Composite Index will also affect the S&P/TSX Capped Composite and Equal Weight Composite Indices. Stocks added to or removed from the S&P/TSX Composite Index will also be added to or removed from the appropriate Global Industry Classification Standard (GICS) sector index.
IMPORTANT NOTE: Following the GICS change announcement of February 4, 2013, the shares of Superior Plus Corp. (TSX:SPB) will be removed from the S&P/TSX Capped Industrials and the S&P/TSX Equal Weight Industrials Indices and added to the S&P/TSX Capped Utilities Index at the same time as the quarterly S&P/TSX Composite Index review.
S&P/TSX Canadian Dividend Aristocrats and Equity Income Indices
After the close of trading on February 28, 2013, Atlantic Power Corporation (TSX:ATP) announced a reduction in their indicated annual dividend from $CDN1.08 to $CDN0.40 per share. For purposes of managing the quarterly reweighting/rebalancing of these indices after the close of Friday, March 15, 2013, the indicated annual dividend for ATP will be $CDN0.40 and the price used to calculate the yield of ATP will be the 3-day VWAP for March 1 to 5, 2013.
S&P/TSX GLOBAL GOLD INDEX - MARCH 2013 - QUARTERLY REVIEW
DELETIONS | ||
Issue Name | Symbol | Exchange |
San Gold Corporation | SGR | TSX |
S&P/TSX GLOBAL MINING INDEX - MARCH 2013 - QUARTERLY REVIEW
ADDITIONS | ||
Issue Name | Symbol | Exchange |
Platinum Group Metals Ltd. | PTM | TSX |
DELETIONS | ||
Issue Name | Symbol | Exchange |
Sabina Gold & Silver Corp. | SBB | TSX |
San Gold Corporation | SGR | TSX |
S&P/TSX GLOBAL BASE METALS INDEX - MARCH 2013 - QUARTERLY REVIEW
DELETIONS | ||
Issue Name | Symbol | Exchange |
Sabina Gold & Silver Corp. | SBB | TSX |