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M&S, Dechra, Hikma and Diploma set to join FTSE 100

Dechra and Hikma, along with Marks & Spencer and Diploma are set to join the FTSE 100 index in September
Dechra and Hikma, along with Marks & Spencer and Diploma are set to join the FTSE 100 index in September

Drugmakers Dechra and Hikma, along with retailer Marks & Spencer and technical products provider Diploma are set to join the UK's blue-chip FTSE 100 index in September.

This is according to indicative changes announced by FTSE Russell.

Asset manager abrdn, autocatalyst maker Johnson Matthey, housebuilder Persimmon and electronic products provider RS Group will likely be demoted to the mid-cap FTSE 250 index, the index provider said in a statement.

The actual review will be carried out using data as at market close on August 29 and confirmed changes will be announced after the close on August 30, it added.