MJ Biz reports
Edmonton, Alberta-based Aurora Cannabis has been deleted from the S&P/TSX Composite Index, according to the latest quarterly review announced by S&P Dow Jones Indices.
The S&P/TSX Composite is the primary gauge for Canada-based, Toronto Stock Exchange-listed companies.
Aurora’s stock was originally added to the index in 2018.
A news release by S&P Dow Jones Indices – a division of S&P Global – doesn’t specify exactly why Aurora and three other companies were dropped from the benchmark index stemming from the routine review.
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THE RELEASE
TORONTO, Sept. 2, 2022 /CNW/ – As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index and S&P/TSX 60 Index prior to the open of trading on Monday, September 19, 2022:
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S&P/TSX COMPOSITE INDEX – September 19, 2022 |
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|
COMPANY |
GICS SECTOR |
GICS SUB-INDUSTRY |
|
|
ADDED |
Algoma Steel Group Inc. |
Materials |
Steel |
|
ADDED |
Bellus Health Inc |
Health Care |
Biotechnology |
|
ADDED |
Uni-Select Inc (TSX:UNS) |
Consumer |
Distributors |
|
DELETED |
Aurora Cannabis Inc. |
Health Care |
Pharmaceuticals |
|
DELETED |
Aecon Group (TSX:ARE) |
Industrials |
Construction & Engineering |
|
DELETED |
Dream Office REIT |
Real Estate |
Office REIT’s |
|
DELETED |
New Gold Inc (TSX:NGD) |
Materials |
Gold |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
SOURCE S&P Dow Jones Indices LLC.
For further information: S&P Dow Jones Indices, index_services@spglobal.com
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