Canada's most-watched stock market index, the S&P/TSX Composite, will begin tracking income trust units for the first time when trading opens next Monday. Standard & Poor's, which designs and manages the index on behalf of the Toronto Stock Exchange, announced late yesterday that the composite index will add 72 publicly traded trusts. "It will be the first time they've ever been included in that main benchmark index," S&P Canada spokesman Tony North said. There will also be one additional common stock added and one deletion, bringing the total number of issues tracked by the index to 278 from 206. For a complete listing of additions and deletions to the index, see http://www.theglobeandmail.com/business.
CP, Staff
© The Globe and Mail
Only GlobeinvestorGOLD combines the strength of powerful investing tools with the insight of The Globe and Mail.
Discover a wealth of investment information and and exclusive features.
