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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

ConvaTec, Smurfit Kappa join FTSE 100

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LONDON:  Precious metals mining company Polymetal International Plc and Travis Perkins Plc, Britain’s biggest supplier of building materials, will drop out of the benchmark FTSE 100 index and become a part of the FTSE 250.  Medical products maker ConvaTec Group Plc and packaging products maker Smurfit Kappa Group Plc will replace these companies in the bluechip index.  In the FTSE midcap index property services company Countrywide Plc, upholstery retailer DFS Furniture Plc , wireless parts maker Laird Plc and cyber-security firm NCC Group Plc will be replaced by iron ore miner Ferrexpo Plc, real estate company Newriver REIT Plc and oil exploration company Nostrum Oil & Gas Plc. — Reuters


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