FTSE 100 review sees three changes

Three groups have joined the FTSE 100 in the latest review of the blue-chip index. Heating and plum...

Three groups have joined the FTSE 100 in the latest review of the blue-chip index. Heating and plumbing distributor Wolseley, global private equity firm 3i Group and the London Stock Exchange Group have all been added to the list. Wolseley's shares have recently rallied, rising from just 246p at the end of March, to more than £26 by early April. At the end of May the share price stood at just over £11 after the group announced a 80% drop in profits over nine months. The new groups joining the FTSE 100 will replace coal-fired power plant Drax Group; Whitbread, which owns brands such as P...