Property Falls Eject Top Builder From the Footsie ; Market Round-Up

Summary


TAYLOR Wimpey's fall from grace among stock-market investors will be completed by the close of business tonight when its shares drop out of the Footsie 250 index.

It comes just 10 months after the shares were relegated from the bluechip Footsie 100 index.

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Extract


Property Falls Eject Top Builder From the Footsie ; Market Round-Up

The move will round off a miserable year for shareholders of the debt-laden housebuilder, who have seen the value of their investment collapse along with the housing market in the UK.

Its shares ...

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