Reply has been removed from the FTSE All-World Index, according to the latest index review. The FTSE All-World Index serves as a benchmark for many global equity portfolios and index-tracking products, and passive funds that mirror it may now need to adjust their holdings to exclude Reply shares. Reply is a €4.3b IT group that helps clients design and integrate digital services across communication channels and media. The removal looks more like a technical setback than a verdict on the business itself, since index trackers following the benchmark may become forced sellers, which can influence trading volumes and liquidity around the stock. The next checkpoint is hard data from the company's next earnings release and guidance update, including revenue trends and profit progression.
Reply SpARemoved from the FTSE All-World Index, forcing passive index-tracking funds to sell Reply shares.
