Set for best day in over 6 years on entry to S&P SmallCap 600

St Joe

29/11/2019 15:12

** Real estate co's shares  JOE.N  jump as much as 11.2% to
$19.82, hitting a 20-month high
    ** Last up ~10%, stock among top pct gainers across U.S.
exchanges; set for its biggest one-day pct gain in over 6 years 
    ** JOE to replace property and casualty insurance co RLI
Corp  RLI.N  in the S&P 600 SmallCap index  .SPCY  before
markets open on Dec. 5  urn:newsml:reuters.com:*:nPn8wGBnVa
    ** RLI to replace insurance holding co W.R. Berkley Corp
 WRB.N  in the S&P 400 MidCap  .MID , while WRB to replace
Viacom Inc  VIAB.O  in the S&P 500  .SPX 
    ** CBS Corp  CBS.N , Viacom to close their all-stock merger
on Dec. 4, cos said on Nov. 25  urn:newsml:reuters.com:*:nL4N2853C1
    ** RLI down ~5%, WRB down ~1% in morning trade
    ** JOE up ~49% so far this year

 (Reporting by C Nivedita in Bengaluru)
 ((C.Nivedita@thomsonreuters.com))