Polymetal pushes housebuilder Berkeley out of UK's FTSE 100

Housebuilder Berkeley Group has lost its place in the blue-chip FTSE 100 equity index after its stock price dropped, partly because of Britain's vote to leave the European Union. FTSE Russell, which handles changes to the index, said on Wednesday that Berkeley would be replaced by Russian gold and silver miner Polymetal, whose shares have surged as economic uncertainty has driven up the price of gold. A company's place in the FTSE 100 index is decided on the basis of its share performance and st