Page last updated at 18:06 GMT, Wednesday, 11 March 2009

Reshuffle sees LSE leave FTSE 100

London Stock Exchange sign
LSE shares fell on expectations it would leave the FTSE 100

The London Stock Exchange, the company which runs the London stock market, is to exit the FTSE 100.

Private equity group 3i, sugar producer Tate & Lyle, building materials group Wolseley and transport firm FirstGroup will also fall into the FTSE 250.

Resources firms Fresnillo, Petrofac and Lonmin will replace them. Foreign & Colonial Investment Trust and Intertek Group are also promoted.

The changes from the latest reshuffle will come into effect on 23 March.

The changes mean that oil and gas will remain the dominant sector. It already accounts for 24.5% of the index.



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