Glencore ranks 77 in STOXX Europe50 and will undergo Fast-Exit on 7 May if it ranks 75 or worse on 30 April. Rolls-Royce is forecasted as the replacement.
What is covered in the Full Insight:
Introduction
Methodology of Fast-Exit
Predicted Index Changes
Analysis of Potential Additions
Conclusion
Boomeranged on Wed, 30 Apr 2025 00:42
Glencore (GLEN) is ranked ~79 as of 29 April. With only one day to go, the stock price needs to surge ~8% to avoid fast-exit. As a result, the likelihood of a fast-exit is extremely high. Its deletion from STOXX Europe50 is expected to be announced at the close of 1 May and be implemented at the close of 7 May. Forecasted replacement is Rolls-Royce (RR.)
SUMMARY
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