Q: Celestica is being added to S&P/TSX Composite Index Dec 22. How will this affect the stock?
Thank You
Peter
Thank You
Peter
5i Research Answer:
ClS is already in the TSX Composite but it is being added to the TSX 60 index. This is a widely followed index and the stock could react positivel, over time. But the stock has done well and it is highly volatile so we would not expect miracles on this news alone. But it is certainly net positive.