Shares in the Czech antivirus software producer Avast are expected to be placed in the London Stock Exchange’s FTSE 100 index just two years after its IPO. Market watchers expect the move to have a positive impact on its price and will undoubtedly increase the speed at which its shares trade hands. The change is part of a shake-up caused by the coronavirus, which has hit some companies to cause disruption on the elite FTSE 100. “We expect four companies to fall out of the FTSE 100 and four will replace them,” said Helal Miah, an analyst at Share Centre. He told Hospodářské noviny there could be even more changes in the index depending on how share prices change. Avast shares suffered a serious setback last year when its subsidiary Jumpshot was discovered to be selling browsing behavior data of Avast to its clients. But the share price has risen 90 percent since hitting bottom in April, when market sentiment was at its lowest because of the pandemic.
