Segro has been dropped from the FTSE 100 Index, the UK's leading blue-chip Index, along with Cable and Wireless Worldwide and Home Retail Group. The three companies now join the FTSE 250 Index.
Segro has been dropped from the FTSE 100 Index, the UK's leading blue-chip Index, along with Cable and Wireless Worldwide and Home Retail Group. The three companies now join the FTSE 250 Index.
Announcing the rebalance as part of the index quarterly review, FTSE Group said the places vacated by the three companies in the FTSE 100 index are being filled by investment firm Resolution (RSL), global engineering and manufacturing group Tomkins (TOMK) and engineering solutions business Weir Group (WEIR).
The FTSE 100 Index represents the 100 biggest blue-chip companies in the UK and is one of the world’s most recognised indices, accounting for 7.8% of the world’s equity market capitalisation. The index currently reflects approximately 85% of the UK market, providing a broad and accurate investment tool for pension funds, financial products and investment portfolios in the UK and around the globe.
UK REITS British Land, Land Securities and Hammerson are included in the FTSE 100 Index.
