Eurasian Natural Resources Corporation, Tate & Lyle, and Cobham will all enter the FTSE 100 as a result of todays review of the FTSE UK Index Series.
Moving from the FTSE 100 to the FTSE 250 are Taylor Wimpey, Yell Group, and Rentokil Initial. Entering the FTSE 250 are Hardy Oil & Gas, Melrose Resources, Assura, and JP Morgan Russian Secs.
The changes to the indices were approved today at the quarterly review of FTSEs UK Index series, which is carried out by the independent FTSE Europe, Middle East and Africa regional committee. The regular index reviews ensure the indices remain an accurate representation of the UKs investable market capitalisation.
The FTSE 100 reserve list will contain Segro, Inmarsat, Serco Group, Pennon Group, Wood Group, and Bunzl. Reserve lists are created at each quarterly review, and contain the next six companies ranked in order of market capitalisation below the FTSE 100. Reserve list stocks are used to maintain the index at 100 companies, should that number be reduced as a result of corporate actions between quarterly reviews.
All changes confirmed at todays review take effect from the start of trading on Wednesday 26 March.