The FTSE 100 Index (also known as "footsie") is a market-capitalisation weighted index of the top-performing companies that list on the London Stock Exchange. The FTSE 100 is managed by the FTSE Group, and was founded in 1984. FTSE stands for Financial Times Stock Exchange and is a large cap index with a market cap of £1.715 trillion.((http://www.ftse.com/Analytics/FactSheets/temp/d46e3f0a-12e4-44f3-a30a-702d475e0719.pdf Retrieved 18 February 2015)) The 100 blue-chip companies come from many industries, including oil & gas, chemicals, construction, food & beverage and more, from companies like BP, GlaxoSmithKline and British American Tobacco.
FTSE 100 Index Chart
Any opinions, news, research, analyses, prices, other information, or links to third-party sites are provided as general market commentary and do not constitute investment advice. Friedberg Direct will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.