FTSE 100 Index

The 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, a now independent company which originated as a joint venture between the Financial Times and the London Stock Exchange. According to the FTSE Group's website the FTSE 100 companies represent about 80% of the UK share market.

Related Topics:
Share index - Companies - London Stock Exchange - Europe - FTSE Group - Financial Times

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Related indices are the FTSE 250 Index (which lists the next largest 250 companies), FTSE Small cap, the FTSE 350 Index (which combines the FTSE 100 and 250), and the FT All Share Index (which incorporates all listed companies).

Related Topics:
FTSE 250 Index - FTSE Small cap - FTSE 350 Index - FT All Share Index

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

The constituents of the index are determined quarterly; the largest companies in the FTSE 250 Index are promoted if their market capitalisation would place them in the top 90 firms of the FTSE 100 Index. As of 2005, the threshold for inclusion is about 2 billion pounds. As of early September 2005 the largest 6 constituents of the index were BP, Royal Dutch Shell, HSBC Holdings, the Vodafone Group, the Royal Bank of Scotland Group and GlaxoSmithKline, which were all valued at more than £50 billion.

Related Topics:
Market capitalisation - As of 2005 - Pounds - BP - Royal Dutch Shell - HSBC Holdings - Vodafone Group - Royal Bank of Scotland Group - 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.

~ ~ ~ ~ ~ ~ ~ ~ ~ ~