Financial Times Stock Exchange (FTSE)
The Financial Times Stock Exchange (FTSE), commonly known as “Footsie,” is a group of stock market indices that track the performance of companies listed on the London Stock Exchange. The most well-known is the FTSE 100, which represents the top 100 companies by market capitalization. FTSE indices are widely used benchmarks for the UK stock market, influencing investment decisions and market perceptions of economic health.
Example
The FTSE 100 index rises as major UK companies report strong earnings, reflecting positive investor sentiment and economic optimism.
Key points
• Tracks the performance of companies listed on the London Stock Exchange.
• The FTSE 100 is the most notable index, reflecting the largest companies by market cap.
• Used as a benchmark for the UK stock market and economic health.