Footsie


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Footsie (FTSE)

Financial Times (FT)-Actuaries 100 index: in London. Has the stature of the Dow Jones Industrial Average or the S&P 500 in London.

FTSE 100 Index

An index tracking the 100 publicly-traded companies listed on the London Stock Exchange with the most market capitalization. Like many other FTSE indices, it is calculated in real time, with prices updated every 15 seconds. Each quarter, the FTSE reevaluates the companies tracked on the index and makes necessary adjustments to ensure that it represents the most highly capitalized companies. The FTSE 100 Index is considered a prime indicator of health in the wider market.

Footsie

References in periodicals archive ?
Outside the Footsie, steel group Corus recovered some ground after the heavy fall seen following its update that its Dutch supervisory had blocked the sale of two aluminium businesses.
They will be replaced by British Airways, Whitbread, also a former Footsie constituent and the property group Liberty International.
In London, oil and mining firms also weighed on the Footsie as crude oil prices fell to a 17-month low of EUR61.
The biggest Footsie risers were Dixons, InterContinental Hotels, Alliance UniChem up 10.
The biggest Footsie share fallers were Home Retail Group, down 6.
Beneficiaries from an upbeat Microsoft update in the US included tech company Sage, which was at the top of the Footsie risers board with a gain of 4 per cent or 7p to 181 1 /2p.
Only four per cent of respondents correctly identified the five Footsie firms.
The biggest Footsie fallers were Anglo American down 209p at 1027p, RBS off 2.
In London, the Bank of England decision not to follow suit with its own measures failed to hold back gains on the Footsie as it surged to its highest level since June, 2008.
After climbing as much as 30 points in early trading, the Footsie backpedalled to stand just 5.
Tom Hougaard, chief market strategist at City Index, said he believed the Footsie would continue to rise in the next few months.
In London, the banking sector pulled the Footsie down with Royal Bank of Scotland leading the sector's retreat amid fears over its exposure to the financial crisis in Ireland.