AC:
Say it ain't so Joe...
Air Canada AC Shares issued 120,223,985 Feb 26 close $6.10 Mon 1 Mar 99 In the News See Rogers Communications Inc (RCI.B) In the News The National Post reports in its Saturday edition that the Toronto Stock Exchange will not announce the changes to the new TSE 100 index, which are effective before the market opens on Friday, March 19, until the market closes on Monday. But Scotia Capital Markets has checked the rankings as of the close Thursday and come up with those likely to be in and those set for the drop. Inclusion in the 100 is a plus because the stocks automatically are bought for the portfolios that mimic the index and for the 100 index participation units (HIPS). Those set for 100 status are Rogers Communications Inc. Class B shares, Great-West Lifeco Inc., CGI Group Inc., QLT PhotoTherapeutics Inc., Le Groupe Videotron Ltd., CanWest Global Communications Corp., Onex Corp., and BC Gas Inc. Most likely on the way out of the 100 are Air Canada, Torstar Corp., Methanex Corp., Trimark Financial Corp., Finning International Inc., ATS Automation Tooling Systems Inc., Crestar Energy Inc. and Ranger Oil Ltd. Those falling out if this charmed circled will generally see demand for their shares reduced. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com |