what does ftse stand for
The UK’s first stockmarket index comprised 30 leading shares and was published by the Financial News. It became the FT 30-Share Index when the paper merged with the Financial Times in 1935, and was renamed the Financial Times Ordinary Share Index in 1984, the same year the Financial Times-Stock Exchange (FTSE) 100 Share Index was introduced to fill the need for a constantly updated index. The more broadly based FT-Actuaries All-Share Index that had been introduced in 1962 was updated only once an hour. In 1992, the FT, the Stock Exchange and the actuarial profession brought most of their indices together into the FTSE Actuaries series. These are calculated by FTSE International, a company jointly owned by the Financial Times and the Stock Exchange..
The FTSE (pronounced “foot see”) is an acronym for the Financial Times Stock Exchange. FTSE is a calculation body that builds and maintains indices for stock exchanges around the world. The most popular stock index published by FTSE is the FTSE 100, which is a compilation of the largest 100 stocks in the United Kingdom. The list below are the FTSE 100 companies.
