Carlton Falls From FTSE100 List
Recent declines in the share price of Carlton Communications (see Brokers Cut Carlton And Granada Forecasts Following Ad Deterioration) have caused it to fall out of FTSE100, the top 100 companies listed on the London Stock Exchange. At 1:30pm today Carlton’s shares stood at 235p, given the company a market capitalisation of £1.6 billion.
The changes to the FTSE100 will take place on 24 September, with cable company Telewest Communications joining Carlton in relegation.
