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- Two changes to the FTSE 100
- Easyjet and Just Eat to join FTSE 100
- Five changes to the FTSE 250
FTSE Russell, the global index provider, confirms today that Easyjet and Just Eat will be joining the FTSE 100 Index as a result of the December 2019 quarterly review. In the rebalance, Fresnillo and Hiscox will leave the FTSE 100 index and enter the FTSE 250 index.
The rules-driven, impartial quarterly reviews ensure the indexes continue to portray an accurate reflection of the market they represent and form an essential component to the management of the indexes.
The FTSE 250 Index will see the following changes (in alphabetical order), in addition to the amendments described above.
|
Entering FTSE 250 Index |
Exiting FTSE 250 Index |
|
C&C Group Fresnillo Helios Towers Hiscox LXI REIT |
Card Factory Easyjet Just Eat NB Global Floating Rate Income Fund (GBP) Riverstone Energy |
FTSE Russell operates a reserve list for the FTSE 100 Index, to be used in the event of a corporate action occurring between reviews e.g. merger, acquisition, delisting or suspension. In such cases, the reserve list constituent with the largest market capitalisation (on the date of the corporate action) will replace the outgoing constituent. With immediate effect, the following reserve list for FTSE 100 will be used (in alphabetical order):
- Avast
- Bellway
- Direct Line Insurance Group
- Fresnillo
- GVC Holdings
- Intermediate Capital Group
All changes from this review will be implemented at the close of business on Friday, 20 December 2019 and take effect from the start of trading on Monday, 23 December 2019.
A link to the full technical notice can be found here.
