Travis Perkins expected to join FTSE 100

Published:  11 June, 2013

National builders’ merchant Travis Perkins and housebuilder Persimmon are both expected to join the FTSE 100 when the index holds its quarterly review tomorrow (12 June), according to financial industry analysts.

Shares in both companies have surged in recent weeks as investor confidence returns to the construction sector. If successful, this would be the first time that Travis Perkins has entered the FTSE 100, while Persimmon was previously a member between 2005 and 2008.

The full FTSE 100 listing will be announced tomorrow, based on the companies’ market values at the close of trading today.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight

Recruitment

Builders Merchants Vacancies – UK Wide

We have vacancies all over the UK for those who work within the Building Supplies sector.

Guest Blog by Michael Barnett
A Bright future predicted for housing construction

One of the major talking points in the wake of the Brexit decision has been around the country’s current housing shortage with a YouGov poll from this year revealing that first time house buyers are now 38-years-old, on average.

Events Diary