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Thursday, 7 March, 2002, 09:52 GMT
Corus back among the blue chips
steel mill
Corus was last a member of the FTSE 100 in September 2000
Steelmaker Corus has defied uncertainty over a looming transatlantic steel trade war to regain a place in the FTSE 100 list of the UK's biggest listed companies.

The firm's shares took a 5% tumble on Tuesday after the US announced it was to put a 30% tariff on some steel imports.

Despite this, the firm will replace drugs group Celltech when the FTSE list gets its quarterly reshuffle on 18 March.

Lara Croft
Game Over: Tomb Raider firm Eidos drop out of the top 250
Corus was last in the blue-chip index in September 2000, when a sharp fall in its share price saw it relegated.

Mid-cap changes

In the broader FTSE 250, seven companies lost their position, including telecoms firms Energis and Thus - whose share prices have fallen foul of a general downturn in investor confidence in the telecoms market.

Other companies being ditched from the FTSE 250 are computer games firm Eidos - creator of Lara Croft - office space firm Regus, biotech firm Oxford Glycosciences and Henderson Small Companies Investment Trust.

Television set-top maker Pace Micro, which saw shares fall sharply on Tuesday, is also dropping out.

Replacing them are fashion group New Look, biotech firm Acambis, builders' merchant SIG, transport firm Northgate, housebuilder Westbury, healthcare company Medisys and finance group Paragon.

Corus shares stood up 2.25p at 82p in early trading on Thursday.

See also:

06 Mar 02 | Business
Steel shares recover early losses
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