RE:RE:the run up today has nothing to do with leaks or stella...
Not to sound priddish, but it the most logical conclusion. First, we have been anticipating the A2 result from Stella for over a fortnight. I doubt news has suddenly leaked. Secondly, the announcement for the inclusion on the TSX index was announced last Friday after the close. If you care to do some research, look at the effect of inclusion on the index, to quote research papers: An index is a basket of stocks designed to track and measure the performance of the market or a specific segment of it. There are dozens of domestic and international stock indices. Most are rebalanced periodically. Rebalancing involves replacing stocks that no longer meet an index’s inclusion criteria with new stocks that have become more representative since the previous rebalancing. This rebalancing can generate short-term spikes in the trading volume of the stocks being deleted and added and impact their prices, but the long-term effects are less clear. Many mutual funds and exchange-traded funds (ETFs) are based on various stock indices. When an index is rebalanced, the funds must sell the deleted stocks and buy the added ones in their portfolios. Fund buying often causes short-term volume and price spikes in the newly-added stocks. After the flurry of buying activity generated by index rebalancing, the stocks go back to trading based on their fundamentals. However, investor inflows into mutual funds and ETFs can push up the prices of all stocks in an index, in the same way that investor outflows can push them down. - See more at: