Mar 1, 2017
Dixons and Capita to drop out of FTSE 100
Dixons Carphone shares have lost nearly 20% of their value over the past six months. "Dixons Carphone's share price has dropped off of late as a result of increasing competition within the sector, particularly from the likes of Amazon," said Helal Miah, an analyst at The Share Centre. Shares in outsourcing giant Capita fell after a profits warning in September. The changes, which will see the companies drop to the FTSE 250, will take effect on Monday 20 March. Only 30 of the original FTSE 100 from 1984 still remain in the index.
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