Kingfisher and Morrisons FTSE 100 status in jeopardy
B&Q owner Kingfisher and grocer Morrisons both face potential ejection from the FTSE 100 this week.
If the pair lose their FTSE 100 status there will only be four retailers left in the blue-chip index, The Sunday Times reported.
Kingfisher and Morrisons are capitalised at £4bn and £4.1bn respectively, and their fallen share prices have resulted in them being near the bottom of the index, meaning their positions could be usurped by FTSE 250 businesses when the index is recalculated.
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