MILAN (Reuters) – Britain’s LSEG , which owns the London stock exchange, and Italy’s No.1 bank Intesa Sanpaolo will enter the STOXX Europe 50 following an annual review of the European blue-chip index, global index provider STOXX said.
Germany’s Deutsche Post and Britain’s Reckitt, owner of brands such as Neurofen and Lysol, will be removed from the index, it added in a note on its website.
“All changes will be effective with the opening of European markets on September 23, 2024,” it said.
(Reporting by Elvira Pollina; Editing by Valentina Za)
Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.