(Reuters) - Britain's FTSE Russell has confirmed that EasyJet EZJ.L and cruise operator Carnival PLC CCL.L will exit Britain's top blue-chip share index .FTSE, as the value of their stock dropped below the required threshold due to the coronavirus.
Utilities provider Centrica CNA.L and engineering firm Meggitt PLC MGGT.L will also exit the FTSE 100 index and move to the mid-cap FTSE 250 index .FTMC, the bourse operator said in a statement on Wednesday. Source Text here
EasyJet has lost nearly 45% of its value this year, while Carnival is down more than 67% with travel almost at a halt during pandemic lockdowns.
The changes will come into effect from the start of trading on June 22, FTSE said.
Reporting by Ambar Warrick in Bengaluru; Editing by Kirsten Donovan
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