Autonomy and Exel set to drop out of FTSE-100

Software firm Autonomy and logistics group Exel are set to drop out of the FTSE-100.

It follows the Footsie's latest quarterly reshuffle.

FTSE International will decide tomorrow which companies face relegation, basing the decision on today's closing share prices. Based on stock market valuations from today, Exel and Autonomy would be replaced by brewer Scottish & Newcastle and software group Sema.