Financial Times Stock Exchange 100 index - the index containing the top 100 listed shares in the UK. Dresdner Kleinwort Wasserstein financial glossary
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Financial Times Stock Exchange 100 Index (FTSE 100)
The FTSE 100 index is a share price index for 100 different shares quoted on the London Stock Exchange, The share are intended to be of a sufficiently broad cross section, so that movements in the index of share prices would be typical of movements in the value of the portfolio of shares of an average investor. Financial Services Glossary
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An index of the share prices of the UK's 100 largest companies (by market capitalisation). London Stock Exchange Glossary
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The FTSE 100 is the benchmark index for equity prices on the London Stock Exchange. Known as the 'Footsie' it comprises 100 of the largest UK stocks, by market capitalization, accounting for about 70 percent of stock turnover. The FTSE is a capitalization-weighted index and is the basis for index futures and options contracts traded on LIFFE.
■ www.ftse.com ■
Financial and business terms. 2012.