Intermediate Capital set to join FTSE 100 after 33% YTD surge
22/11/2023 07:26
Nov 22 (Reuters) - Asset manager Intermediate Capital
Group ICP.L is set to join London's blue-chip FTSE 100 .FTSE
index in December, following a more than 33% rally in its share
price so far in 2023, indicative changes announced by FTSE
Russell showed.
Intermediate Capital will take the place of Hargreaves
Lansdown HRGV.L , which is set to be demoted to the mid-cap
FTSE 250 .FTMC index, according to a statement by the index
provider late on Tuesday.
The actual review will be carried out using data as at the
market close on November 28 and confirmed changes will be
announced after the close on the following day, it said.
Other FTSE 250 additions are Asia Dragon Trust DGN.L ,
Halfords Group HFD.L , Hochschild Mining HOCM.L and Tullow
Oil TLW.L , it said. Other FTSE 250 indicative deletions are
888 Holdings 888.L , CAB Payments CABP.L , CLS Holdings
CLSH.L and Liontrust Asset Management LIO.L .
(Reporting by Danilo Masoni; Editing by Amanda Cooper)
((Danilo.Masoni@TR.com))