MYR myer holdings limited

Myer dropped from the S&P/ASX 200

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    Retail powerhouse Myer (ASX:MYR) looks set to fall out of the S&P/ASX 200 index by March 19 2018.

    It’s the first time it has been pushed out of the index since its 2009 float.

    The hierarchy of the S&P Dow Jones indices has been reviewed as a result of the March quarterly announcements just released.

    The department store’s market value has fallen to $370 million this week - from $950 million last year.

    Shares in Myer (ASX:MYR) are trading 2.75 per cent higher/lower at $0.44.
     
 
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