Royal Change constructing, London, England. Inventory picture.
Gold miner Endeavour Mining Plc rode a rally within the value of the dear metallic to earn a spot within the UK blue-chip index, changing Smurfit Kappa Group Plc because the packaging firm leaves the index following a merger with US rival WestRock Co.
Endeavour makes a fast return to the FTSE 100 index, having been changed within the benchmark by airline EasyJet Plc at March’s index rebalancing. The miner’s shares have risen about 40% from a February low as spot gold hit new-record highs.