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Pin to quick picksHikma Pharmaceuticals Share News (HIK)

Share Price Information for Hikma Pharmaceuticals (HIK)

London Stock Exchange
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Share Price: 1,958.00
Bid: 1,963.00
Ask: 1,965.00
Change: -36.00 (-1.81%)
Spread: 2.00 (0.102%)
Open: 2,004.00
High: 2,004.00
Low: 1,958.00
Prev. Close: 1,994.00
HIK Live PriceLast checked at -

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BUZZ-Weir on the brink of possible FTSE 100 deletion

Tue, 03rd Mar 2015 11:39

** Weir on the verge of a surprise deletion fromthe FTSE 100 if the co underperforms Informa byanother 80 bps by the close on Tuesday

** Current market cap of £3,621 bln 0.8 pct higher thanInforma (£3,595), the stock in 111th place and thereforeeligible for promotion if it passes Weir

** Bulge-bracket trader says if Weir is deleted selling frompassive flows would equal c.2.1 mln shares, though second tradersays stock could be defended by active holders to avoid fall

** Stock brought into contention after weak FY results onFeb. 25 saw shares fall 11 pct

** Other likely moves: Tullow replaced by Hikma in FTSE 100; Afren, Oxford Instruments and Game Digital replaced in FTSE 250 by AA and Virgin Money and Tullow

(RM: alasdair.pal.thomsonreuters.com@reuters.net)

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