Upcoming S&P/TSX Composite Index Changes Revealed

S&P Dow Jones Indices has announced the impending adjustments to the S&P/TSX Composite Index, set to take effect before the market opens on Monday, March 18, 2024. This adjustment, part of the regular quarterly review, includes the addition and removal of notable companies.

Key Adjustments to the Index

MDA Ltd. (TSX:MDA) joins the index under the Industrials sector, specifically the Aerospace & Defense sub-industry. Meanwhile, Lithium Americas (Argentina) Corp. (TSX:LAAC) and Lithium Americas Corp. (TSX:LAC), both part of the Materials sector in the Diversified Metals & Mining sub-industry, will be removed.

About S&P Dow Jones Indices

S&P Dow Jones Indices stands as the foremost global resource for essential index-based concepts, data, and research. With more assets invested in its indices than any other provider’s, it pioneers with iconic market indicators such as the S&P 500 and the Dow Jones Industrial Average. Founded by Charles Dow in 1884, it currently hosts over 1,000,000 indices that span a vast range of asset classes, aiding investors in measuring and trading the markets effectively.

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