Wednesday, February 25, 2015

What is FTSE 100?


European shares dipped in early trading on Wednesday, pausing their recent sharp rally, with Weir Group falling 6 percent after warning about a significant reduction in revenue in 2015.
The FTSEurofirst 300 index of top European shares was down 0.02 percent at 1,543.04 points.
What is the FTSE 100?
1. Founded in Jan 1984, the FTSE measures the full share worth of the highest 100 firms listed on the London stock exchange.
2. The index began with a base level of 1,000 points.
3. The total worth of the FTSE 100 firms is regarding £1.9tn - in 1985 it absolutely was £164bn.
4. There has solely been one day in history once the FTSE wasn't calculated, throughout the great Storm ofoctober 1987.
5. Just like football's Premier League, firms will be promoted or demoted from the FTSE.
6. Companies are weighted, with the bigger corporations accounting for a bigger proportion of the index.
7. The 101st to 350th next most beneficial firms are listed on a second-tier index, the FTSE 250.

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