These companies, all technology names, are:
- ARM Holdings
They will be replaced by:
- Johnson Matthey, the chemicals, car parts and precious metals company
- Xstrata, a Swiss mining and metals firm
- Bunzl, the food packaging and disposable products supplier.
Among the deletions from the mid-cap FTSE 250 index are:
- Telewest Communications
The weighting of IT Group companies in the FTSE
All-Share has now shrunk to 1.1% from its 7% high during
the tech boom in February 2000, FTSE announced.
All changes announced Wednesday will be applied to the indices after the close of business on June 21, 2002. The FTSE techMARK indices will be reviewed on June 18, 2002.
Full details of all additions and deletions to the FTSE UK Index Series approved by the Committee can be found on the FTSE Web site .
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