The Financial Times Stock Exchange Index of 100 Leading Shares, or FTSE 100 Index (pronounced footsie), is a share index of the 100 largest companies listed on the London Stock Exchange. The index is seen as a barometer of success of the British economy and is the leading share index in Europe. It is maintained by the FTSE Group, which originated as a joint venture between the Financial Times and the London Stock Exchange.
Related indices are the FTSE 250 Index (which lists the next largest 250 companies), the FTSE 350 Index (which combines the FTSE 100 and 250), and the FT All Share Index (which quotes all listed companies).
The constituents of the index are determined quarterly; the largest companies in the FTSE 250 Index are promoted if their market capitalisations would place them in the top 90 firms of the FTSE 100 Index. As of 2004, the threshold for inclusion is about 2 billion pounds. The largest 5 companies in the index are BP, HSBC Holdings, the Vodafone Group, the Royal Bank of Scotland Group and GlaxoSmithKline.
Most of the companies listed on this index usually include the abbreviation plc at the end of their name, indicating their status of public limited company.
The FTSE 100 Index (pronounced footsie) is a share index of the 100 largest companies listed on the London StockExchange, begun on January 3, 1984.
It is maintained by the FTSE Group, a now independent company which originated as a joint venture between the FinancialTimes and the London StockExchange (hence the abbreviation FinancialTimesStockExchange).
Related indices are the FTSE 250 Index (which lists the next largest 250 companies), FTSE SmallCap, FTSE Fledgling, the FTSE 350 Index (which is the aggregation of the FTSE 100 and 250), and the FTSE All-Share Index (which aggregates the FTSE 100, FTSE 250 and FTSE SmallCap).
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