FTSE reshuffle, IMI and Petrofac Out, Barratt and Taylor Wimpey In
The results of the quarterly review of the FTSE index were published last night. IMI (IMI.L) and Petrofac (PFC.L) are to leave the FTSE100 to be replaced with Barratt Developments (BDEV.L) and Taylor Wimpey (TW.L). The move reflects the recent sell off in commodities and growth in home builders. Taylor Wimpey (TW.L) and Barratt Developments […]