Royal Mail Booted from FTSE 100

Royal Mail is set to be dropped from the FTSE 100 on December 24, after a difficult year which has seen the share price halve over the past six months

Emma Wall 5 December, 2018 | 7:07AM

Royal Mail set to leave FTSE 100 in index reshuffle

Royal Mail (RMG) is set to be dropped from the FTSE 100, after a difficult year which has seen the share price halve over the past six months. Royal Mail peaked at 631p in May this year, but now sits at just 308p.

Last week, director dealings revealed that Royal Mail chief executive Rico Back went bargain hunting for shares last week after his firm's share price fell to an all-time low.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
AA PLC39.50 GBX2.60
Hiscox Ltd827.00 GBX-0.65
Royal Mail PLC213.30 GBX-1.66
Thomas Cook Group PLC  

About Author

Emma Wall  is former Senior International Editor for Morningstar

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