Standard & Poor’s Canadian Index Operations announced numerous index changes after the close of trading Friday as part of its quarterly S&P/TSX composite index review.
Effective at the open on Dec. 22, Ritchie Bros. Auctioneers Inc. will be added to the S&P/TSX composite index.
In addition, the following companies will be removed from the index:
> ACE Aviation Holdings Inc.
> Algonquin Power Income Fund
> Anvil Mining
> Bankers Petroleum Ltd.
> Compton Petroleum Corp.
> Denison Mines Corp.
> Dundee REIT
> DundeeWealth Inc.
> Eastern Platinum Ltd.
> Flint Energy Services Ltd.
> GMP Capital Trust
> Golden Star Resources Ltd.
> Great Canadian Gaming Corp.
> Jaguar Mining Inc.
> Linamar Corp.
> Martinrea International Inc.
> Mercator Minerals Ltd.
> Norbord Inc.
> Northgate Minerals Corp.
> NovaGold Resources Inc.
> Timminco Limited
> UEX Corp.
Changes to the composite index will also affect the S&P/TSX capped composite index, Standard & Poor’s said. Stocks added to or removed from the composite index will also be added to or removed from the appropriate Global Industry Classification Standard (GICS) sector index.
Within the S&P/TSX 60 index, new additions include Metro Inc. and ARC Energy Trust, which will both be removed from the S&P/TSX completion index.
Nortel Networks Corp. and Uranium One Inc. will both be deleted from the 60 index and added to the completion index.
Standard & Poor’s is also making numerous additions and deletions from the Global Gold Index and the Global Mining Index, which are outlined in the attached list.
IE