The latest quarterly review of the FTSE100 sees the following changes.
Out
Kazakhmys
Intu
In
Easyjet
London Stock Exchange
It's possible that there may be some volatility around these stocks as FTSE100 and tracker funds buy and sell to re-balance. Could be a positive for those entering the index as they get bought. Easyjet has just about doubled in price in the last six months, while the London Stock Exchange share price has gone from around 1000p last December to over 1382p today, so we have a couple of strong momentum stocks entering the index. Relegated Kazakhmys has been a bit of a disaster of late, down from around 820p at the start of the year to 547p as of today.
For more on the FTSE game of relegation and promotion see this post.
If you want to see some of the names from FTSE100 in 1999 look here.
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