There's a quarterly review coming up next week and might be some movement from the 250 to the 100.
I'm trying to work out if historically this has meant more money flowing into the shares moving up the rankings, maybe ETFs or funds buying after the shuffle?
I can't find any answers through googling, and not sure what to look at on Stocko.
Does anyone have any knowledge about whether this move generally helps (or hinders) the share price? Thanks.
In theory it should, but it depends on what are you investing in. A FTSE 100 tracker and a FTSE 250 tracker ? then it should have little effect, one promoted, one demoted....
On the other hand if you hold the top 250 share which is about to be promoted then you may notice a difference, how large that will be is questionable, you suddenly start being up against the big boys, and your market cap becomes negligable when you just scrape in. Good Luck though....
And come to think of it - the difference in price is probably already anticipated and "bake in"...
