easyJet returns to FTSE 100 as reshuffle drops Hiscox

Latest FTSE 100 reshuffle

James Baxter-Derrington
clock • 1 min read

The latest FTSE 100 reshuffle has seen easyJet soar back into the prestigious blue-chip club alongside Just Eat, while Hiscox and Fresnillo are out in the cold at the end of the year.

After only six months, easyJet finds itself back in the FTSE 100 on the back of a strong year, along with takeaway giant Just Eat. Strongest year of progress for women in senior roles, but FTSE 350 falls behind The budget airline owes its success to "a combination of relatively strong recent performance and the misfortune of its rivals", according to Adam Vettese, analyst with eToro. He noted that easyJet has managed to perform in "testing times" for the airline industry, citing overcapacity, rising fuels costs and Brexit as some of the challenges. Richard Garstang, portfolio ma...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Trustpilot