IAG to be de-listed from Spanish index
From
https://www.cnbc.com/2019/02/26/iag-...ain-index.html - I hadn't seen this flagged up.
Shares in
IAG, the owner of British Airways and Iberia, fell on Tuesday after index provider MSCI said it plans to delete the stock from its Spanish index.
The
Spanish listing was down 3.3 percent by 0821 GMT, at the bottom of the
IBEX while the London-listed
shares fell 3.8 percent.
Traders said the deletion was due to the cap on foreign ownership of the shares, which came in on Feb 11 ahead of Britain's exit from the European Union.