Calling all Conspiracy Theorists!!!28 Aug 2021 13:33
Bear in mind the following Yahoo based share prices for Dark then please read on with FTSE schedule below. COP 30th July £7.65p - High of £7.85p touched. Precipitous fall in SP then 19th August at COP hits a recent low of £5.60p - INDICATIVE PRICE FOR FTSE 250 was set the next morning on the 20th August! Then Dark in the doldrums closing at £606.50p yesterday Friday 27th August. If the Dark SP goes up dramatically after the final FTSE 250 data collection on Tuesday the 31st August Could the Stock Exchange tolerate a company indicatively in the FTSE 250 from the 20th August data sweep, reaching the dizzy heights of qualifying for the FTSE 100 by the 31st August final data gathering! This looks sooo conveniently manipulated to me!
FTSE Russell, the global index provider, in a web note dated the 24th August 2021, advises of the following indicative changes to the FTSE 100 and FTSE 250, based on data as at Friday 20 August 2021.
PLEASE NOTE: The actual review of the FTSE UK Index Series will be conducted using data as at market close on Tuesday 31 August 2021. Confirmed rebalance changes will be announced after market close on Wednesday 1 September 2021. Indicative changes are listed in alphabetical order.
Indicative FTSE 100 Additions
• Dechra Pharmaceuticals
• Meggitt
• Morrison (Wm) Supermarkets
Indicative FTSE 100 Deletions
• ITV
• Just Eat Takeaway.com*
• Weir Group
Indicative FTSE 250 Additions
• Baltic Classifieds Group
• Bridgepoint Group
• Darktrace
• Draper Esprit
• Endeavour Mining plc**
• ITV
• Weir Group
Indicative FTSE 250 Deletions
• Avon Protection
• Civitas Social Housing
• Dechra Pharmaceuticals
• Meggitt
• Morrison (Wm) Supermarkets
• Tullow Oil
• Wickes Group
This follows FT Russell's own advice which is:
FT
Extract from FTSE UK Index Series v15.1 FTSE Russell released June 2021:
Section 8 - Periodic Review of Constituents
8.0 Periodic Review of Constituents
8.1 Review Dates
8.1.1 The FTSE UK Index Series is reviewed on a quarterly basis in March, June, September and
December. A full review of the FTSE All-Share, FTSE All-Small and FTSE 350 Yield Indices will be
conducted in June.
The index reviews will be based on data from the close of business on the Tuesday before the first
Friday of the review month.
Any constituent changes will be implemented after the close of business on the third Friday of the
review month (i.e. effective Monday), following the expiry of the ICE Futures Europe futures and
options contracts.
"Data from the close of business on the Tuesday before the first Friday of the review month." I therefore make FTSE 250 inclusion to be based on data collected on Tuesday the 31st August 2021. The first Friday of the review month to be Friday the 3rd September. The 3rd Friday of the month to be Friday the 17th September. And inclusion of Dark in the FTSE 250 to be effective the 20th September 2021.