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Wolseley back in the FTSE 100
FTSE Group said yesterday that heating and plumbing distributor Wolseley, global private equity firm 3i Group and the London Stock Exchange Group will be joining the FTSE 100. In the rebalance, Drax Group, Whitbread and Amlin will all leave the UK’s blue chip benchmark. The changes to the indices take place following FTSE’s UK Index Series quarterly review, which is carried out to ensure the indices remain an accurate reflection of the market they represent. All changes from this review take effect from the start of trading on 22 June.