Standard & Poor’s Canadian Index Operations says that effective after the close of business on Friday, September 19, the relative weights of companies in the S&P/TSX Canadian Indices will be adjusted.
According to S&P, the relative weight changes reflect the quarterly updates to the float shares of various companies.
The relative weights of the following companies will change by 0.05% or more in S&P/TSX composite index:
- Canadian National Railway, -0.05%
- Celestica Inc., -0.05%, and
- Ballard Power Systems Inc., +0.06%.