EasyJet joins FTSE100

<p>EasyJet is the latest arrival to the FTSE100.</p>

Stocks in EasyJet remain close to a 52-week high after the budget airline joined the FTSE100.

The company was added to the index of London's leading shares this week (March 18th) and saw a boost in the first session of trading.

But today at 15:30 GMT its stocks are down by seven points, a drop of 0.66 per cent.

EasyJet's chief executive Carolyn McCall is confident the company can go from strength to strength, despite worries over a potential slowdown in the Russian economy just as the firm has made a major investment in the country.

The company has also shook off warnings from its major shareholder Sir Stelious Haji-Ioannou, who owns 37 per cent of the firm and has stated it should not be pursuing expansion plans.

EasyJet's share price currently stands at 1,050.00 and it's year-long high is close at 1,086.00. In the last year, its stocks have fallen as low as 441.90.

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