Barrick Gold joins the FTSE 100

Steve Dinneen
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THE updated FTSE 100 list was announced last night, with African firm Barrick Gold and Indian oil and gas giant Essar Energy both muscling into the big time.

The London Stock Exchange and embattled holiday group Thomas Cook both took the plunge into the FTSE 250.

The additions to the list makes the FTSE 100 even more of a multinational affair after mining firms such as Kazakhmys, Vedanta Resources and Fresnillo all leading the foreign charge in the late 1990s.

The FTSE also updated its 250 list, with media giant Trinity Mirror, music retailer HMV and Brewin Dolphin all high profile losers. Also dropping out of sight were JP Morgan Japanese Investment Trust, F&C Asset Management, Dunedin Income Growth Inv Trust, Ecofin Water and Power Opportunities and Melrose Resources.

Newly floated SuperGroup joined the prestigious list, as well as JD Sports Fashion, Promethean World, Centamin Egypt, BH Macro, Fidelity China Special Solutions and CPP Group.