Sub-Industry Level | |||
Ticker | Company Name | Current Sub-Industry | New Sub-Industry |
TRP | TransCanada Corporation | 55102010 - Gas Utilities | 10102030 - Oil & Gas Refining, Marketing & Transportation |
ENB | Enbridge Inc. | 55102010 - Gas Utilities | 10102030 - Oil & Gas Refining, Marketing & Transportation |
TransCanada Corporation and Enbridge Inc. will be added to the S&P/TSX Capped Energy Index and removed from the S&P/TSX Capped Utilities Index.
In 1999, Standard & Poor's and Morgan Stanley Capital International (MSCI) jointly developed the Global Industry Classification Standard (GICSâ) to establish a common global standard for categorizing companies into sectors and industries, thereby enabling asset owners, asset managers and investment research specialists to make seamless comparisons across indices by industry, by region, and globally.
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