Aberdeen Group closes out lower ahead of FTSE 100 re-entry
Aberdeen Group closed up 1.6 pence at 234 pence on Friday, after trading between 224 and 234 pence through the session. Shares cut their weekly loss to around 3.4%. Trading volume topped 15 times what was seen Thursday. London markets shut for the weekend. Index mechanics look like the main force behind the move. FTSE Russell brought Aberdeen into the index at Friday’s close. Formal membership starts at the open Monday. That means passive fund demand—driven by portfolios tracking the index—may have already gone through.