June 3 (Reuters) - Britain's FTSE Russell has confirmed that
EasyJet and cruise operator Carnival PLC will
exit Britain's top blue-chip share index, as the value
of their stock dropped below the required threshold due to the
coronavirus.
Utilities provider Centrica and engineering firm
Meggitt PLC will also exit the FTSE 100 index and move
to the mid-cap FTSE 250 index, the bourse operator said
in a statement on Wednesday. Source Text https://content.ftserussell.com/sites/default/files/press-archive/FTSE%20UK%20Series_Index%20Review_%20Q2%202020.pdf?_ga=2.12546996.1256569585.1591201792-702431581.1591097302
Software maker Avast PLC, gaming company GVC
Holdings, and home product makers Homeserve and
Kingfisher will join the FTSE 100 as part of a quarterly
index rebalancing.
EasyJet has lost nearly 45% of its value this year, while
Carnival is down more than 67% with travel almost at a halt
during pandemic lockdowns.
The changes will come into effect from the start of trading
on June 22, FTSE said.
(Reporting by Ambar Warrick in Bengaluru; Editing by Kirsten
Donovan)
