(Reuters) -Luxury fashion house Burberry is set to re-enter the FTSE 100 index later this month, regaining its spot in the blue-chip benchmark after dropping out in late 2024, global index provider
Burberry to reclaim FTSE 100 spot in quarterly index shuffle
(Reuters) -Luxury fashion house Burberry is set to re-enter the FTSE 100 index later this month, regaining its spot in the blue-chip benchmark after dropping out in late 2024, global index provider FTSE Russell said on Wednesday.
Burberry, along with Metlen Energy and Metals, will join the index as part of FTSE Russell's latest quarterly review.
On the other hand, homebuilder Taylor Wimpey and student accommodation provider Unite Group will exit FTSE 100 and move to FTSE 250.
The changes will be implemented at the close of business on September 19 and take effect from the start of trading on September 22.
(Reporting by Aatrayee Chatterjee in Bengaluru; Editing by Shilpi Majumdar)
