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Investing December 11, 2002
FTSE Announces Quarterly Housekeeping Changes
December 11, 2002 (PLANSPONSOR.com) - With its
quarterly housecleaning now finished, the FTSE Group
announced changes to several of its indices including the
blue-chip FTSE 100.
Reported by Fred Schneyer
The global index company said that FTSE 100 deletions would include:
- Corus Group
- Brambles Industries
- Cable & Wireless.
The three will be replaced by:
- Liberty International
- British Airways
- Whitbread.
FTSE also announced changes to its mid-cap FTSE 250 index. Added were:
- Lastminute.com
- Wembley
- Informa Group
- Autonomy.
Dropped from the FTSE 250 index will be:
- MyTravel Group
- Fitness First
- Amey
- Cordiant Communications.
Also, FTSE has set the market capitalization threshold for entry into the FTSE SmallCap index at $27.39 million. Deletions from the FTSE SmallCap index and therefore the FTSE All-Share index include Baltimore Technologies, Trafficmaster, and Medisys.
Changes to the FTSE UK Index Series will be applied to the indexes at the close of business on Friday December 20, 2002, FTSE said.