The FTSE one hundred and it is share prices are listed on the exchange, on maybe the most important index on the London Stock Exchange. It comprises of the highest one hundred stocks in the market. Commonly referred to as Footsie, FTSE 100 was formed in 1982 by a joint venture between the Financial Times and the London Stock Exchange. It is among the most essential indicators of economic well being of the investment markets in UK. In reality the FTSE a hundred is considered the most important index in Europe.
The elements needed for choice into the FTSE one hundred is a market capitalization of nearly 2 billion pounds sterling. It is attention-grabbing to note that some of the share prices listed in FTSE100 have a market share of nearly eighty% of their field. This isn't the only index from FTSE Group as it has scores of other indices as well.
While initially Footsie was UK centric, it now covers companies listed in major stock exchanges of the world and has 8 offices in different parts of the world. Despite clinging on to an acronym containing first letters from Financial Times and London Stock Exchange, FTSE or Footsie is no more an acronym. It started with a base level of 1000 in 1985 and the highest ever reached is 6950.6 on 30th of December 1999. During the global recession in 2007-2008, Footsie went down to an abysmal 3500, but has since recovered to healthier levels of around 6000 today.
Footsie is an indication that could be a reflection of enterprise prosperity and the health of monetary markets in England, and it's also mostly the index referred to by economists and analysts. Footsie index is calculated real time based upon the present share prices of corporations and essentially the most wonderful characteristic of this index is the fact that it's published each 15 seconds which means that buyers get the most up to date details about investment markets all the time.
The companies included in Footsie are reviewed quarterly and it is common for some of the companies to go out of the index and new ones to get accommodate. For any company to be included in Footsie 100; it is imperative that it be listed on London Stock Exchange and also has either Euro or Sterling denominated share prices. Another requirement for a company to be included in this index is to have suffix plc which stands for a public limited company.
The elements needed for choice into the FTSE one hundred is a market capitalization of nearly 2 billion pounds sterling. It is attention-grabbing to note that some of the share prices listed in FTSE100 have a market share of nearly eighty% of their field. This isn't the only index from FTSE Group as it has scores of other indices as well.
While initially Footsie was UK centric, it now covers companies listed in major stock exchanges of the world and has 8 offices in different parts of the world. Despite clinging on to an acronym containing first letters from Financial Times and London Stock Exchange, FTSE or Footsie is no more an acronym. It started with a base level of 1000 in 1985 and the highest ever reached is 6950.6 on 30th of December 1999. During the global recession in 2007-2008, Footsie went down to an abysmal 3500, but has since recovered to healthier levels of around 6000 today.
Footsie is an indication that could be a reflection of enterprise prosperity and the health of monetary markets in England, and it's also mostly the index referred to by economists and analysts. Footsie index is calculated real time based upon the present share prices of corporations and essentially the most wonderful characteristic of this index is the fact that it's published each 15 seconds which means that buyers get the most up to date details about investment markets all the time.
The companies included in Footsie are reviewed quarterly and it is common for some of the companies to go out of the index and new ones to get accommodate. For any company to be included in Footsie 100; it is imperative that it be listed on London Stock Exchange and also has either Euro or Sterling denominated share prices. Another requirement for a company to be included in this index is to have suffix plc which stands for a public limited company.
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