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 (BDEV.L) have both gained between 20-30% this year.
The FTSE250 index will see the inclusion of IMI (IMI.L), Petrofac (PFC.L), Greggs (GRG.L), Jimmy Choo (CHOO.L), Game digital (GMD.L), Allied Minds (ALM.L), CLS Holdings (CLI.L) and The Spirit Pub Company (SPRT.L).
Companies losing their place in the FTSE250 will be EnQuest (ENQ.L), Fenner (FENR.L), Ferrexpo (FXPO.L), Hochschild Mining (HOCM.L), Foxtons (FOXT.L) and Spirent Communications (SPT.L) along with the switching of Taylor Wimpey (TW.L), Barratt Developments (BDEV.L), .
To Find out more about how shares enter and leave the FTSE100 index read ‘How do stocks join and leave the FTSE100 index’ here.
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 (BDEV.L) have both gained between 20-30% this year.
The FTSE250 index will see the inclusion of IMI (IMI.L), Petrofac (PFC.L), Greggs (GRG.L), Jimmy Choo (CHOO.L), Game digital (GMD.L), Allied Minds (ALM.L), CLS Holdings (CLI.L) and The Spirit Pub Company (SPRT.L).
Companies losing their place in the FTSE250 will be EnQuest (ENQ.L), Fenner (FENR.L), Ferrexpo (FXPO.L), Hochschild Mining (HOCM.L), Foxtons (FOXT.L) and Spirent Communications (SPT.L) along with the switching of Taylor Wimpey (TW.L), Barratt Developments (BDEV.L), .
To Find out more about how shares enter and leave the FTSE100 index read ‘How do stocks join and leave the FTSE100 index’ here.