The latest UK index review by FTSE Russell, part of LSE Group (LON:LSEG), means a major shake-up of the FTSE 250. While the large-cap FTSE 100 sees three changes, the mid-cap index faces nine changes.
Winners and losers
New additions to the FTSE 100 are Aberdeen Group (LON:ABDN), Computacenter (LON:CCC) and Investec (INVP). The three stocks have gained 16%, 48% and 12% respectively this year.
Making way for the new entrants are Berkeley Group (LON:BKG), Mondi (LON:MNDI) and Rightmove (LON:RMV). These three stocks have lost 11%, 18% and 16% respectively so far this year.
The FTSE 100 joiners have effectively ‘graduated’ from the FTSE 250, so their place has been been taken by the leavers. Joining them in the FTSE 250 are another six stocks which have moved up from the All-Share index.
The joiners are:
- Bloomsbury Publishing (LON:BMY)
- Cordiant Digital Infrastructure (LON:CORD)
- Globaldata (LON:DATA)
- Hansa Investment Company (LON:HAN)
- Rosebank Industries (LON:ROSE)
- Seraphim Space Investment Trust (LON:SSIT)
The leavers are:
- C&C Group (LON:CCR)
- Chrysalis Investments (LON:CHRY)
- Ibstock (LON:)
- Impax Environmental Markets (LON:IEM)
- JPMorgan India Growth & Income (LON:JIGI)
- Marshalls (LON:MSLH)
The index changes are set to take effect from the start of trading on Monday 22 June. FTSE 100 and FTSE 250 index funds and ETFs will have to sell the leavers and buy the joiners. Also, following the agreed deal for Tate & Lyle (LON:TATE), there a likely to be further change to the FTSE 250 in the following weeks.
Read the press release here:
