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Encyclopedia > FT 30

The FT 30 (FT Ordinary Index or FTOI - Never FTSE 30) is a now rarely used index that was concieved in 1935 and is similar to the DJIA, however the FTSE 100 has pretty much superseded it. A stock market index is a listing of stocks and a statistic reflecting the composite value of its components. ... 1935 (MCMXXXV) was a common year starting on Tuesday (link will take you to calendar). ... The Dow Jones Industrial Average (NYSE: DJI, also called DJIA, Dow 30, or informally the Dow Jones index or the Dow) is one of several stock market indices created by Wall Street Journal editor and Dow Jones & Company founder Charles Dow. ... The FTSE 100 Index (pronounced footsie) is a share index of the 100 most highly capitalized companies listed on the London Stock Exchange, begun on January 3, 1984. ...


The companies listed in the index are made up of those in the Industrial and Commercial sectors and exclude financial sector (banks, insurance, etc.) and government stocks.


References

  • FT.com - FT 30 info
  • Oxford dictionary of Finance and Banking, ISBN 0-19-860749-0
  • Berger, D. & Jackson, B. ; The Motley Fool UK investment workbook, ISBN 0-7522-1787-9
  • Finance Glossary - FT-30 Index


 
 

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