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Avast, Plus500 joining FTSE 250 index as FTSE 100 left unchanged


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Avast, Plus500 joining FTSE 250 index as FTSE 100 left unchanged

Britain's FTSE Russell made four changes to the FTSE 250 index and retained the current composition of the large-cap FTSE 100 index and the Italian FTSE MIB index following a quarterly review.

Guarantor loan provider Amigo Holdings PLC, digital security software provider Avast PLC, online trading platform operator Plus500 Ltd. and Vivo Energy PLC will replace Alfa Financial Software Holdings PLC, McCarthy & Stone PLC, RDI REIT PLC and waste-to-product service provider Renewi PLC on the mid-cap FTSE 250 index. Alfa Financial Software, McCarthy & Stone, RDI REIT and Renewi will drop to the FTSE SmallCap index, where they will also be joined by JPJ Group PLC, ASA International Group PLC and Harworth Group PLC.

The changes will be effective from the start of trading Sept. 24. The FTSE 100 remained unchanged for the first time since March 2006, the Financial Times noted in a Sept. 3 report.

Spirax-Sarco Engineering PLC, John Wood Group PLC, Hiscox Ltd., Hikma Pharmaceuticals PLC, JD Sports Fashion PLC and The Weir Group PLC are in the FTSE 100's reserve list.

FTSE Russell is wholly owned by London Stock Exchange Group PLC.