The FTSE 100 Index — also called FTSE 100, FTSE, or, informally, the 'footsie' (pronounced /ˈfʊtsiː/) — is a share index of the 100 most highly capitalised UK companies listed on the London Stock Exchange. Although FTSE is jointly owned by the Financial Times and the London Stock Exchange, the initials are not an acronym and do not stand for "Financial Times Stock Exchange". They are simply borrowed from FTSE's two parent companies. The index began on 3 January 1984 with a base level of 1000; the highest value reached to date is 6950.6, on 30 December 1999.
It is the most widely used of the FTSE Group's indices, and is frequently reported (e.g. on UK news bulletins) as a measure of business prosperity.
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It is the most widely used of the FTSE Group's indices, and is frequently reported (e.g. on UK news bulletins) as a measure of business prosperity.
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