A&L and Persimmon Head for the Footsie Exit ; Market Round-Up

Evening Standard - London › October 02, 2008

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Summary

THE worsening credit crunch is likely to claim two more casualties when the regular quarterly reshuffle of the top companies that make up the Footsie 100 index takes place next week.

Those almost certain to face the drop are mortgage lender Alliance & Leicester , down 10 1 . 2 p at a new record low of 389p, and the UK's biggest housebuilder Persimmon , down 143 1 . 4 p at 448 1 . 2 p, which, these days, is not as big as it was.

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A&L and Persimmon Head for the Footsie Exit ; Market Round-Up

The loss of Persimmon means there will no longer be any housebuilders represented in the top flight following the relegation of Barratt Developments , 4 1 . 4 p off at 145 1 ....

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