FTSE reshuffle firms revealed
BARRATT Developments and St. James’s Place are joining the FTSE 100, according to an announcement yesterday, as Amec and Tate and Lyle fall out of the index.
Property firm Barratt has been buoyed by a burst of activity in construction, and its share price has nearly doubled in the past year.
Heritage Oil, Infinis Energy and Just Retirement Group entered the FTSE 250 index, as Edinburgh Dragon Trust, Devro and Kenmare Resources were removed.