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 ?
The biggest Footsie risers were Arm Holdings up 26.5p at 530.5p, Capita Group ahead 14.5p at 697.5p, ICAP up 11.5p at 570.5p and British American Tobacco ahead 41.5p at 2366.5p.
Manyminers however dragged on the Footsie as concerns over global demand grew, with Xstrata down68.5p to 709p and Lonmin off 87p at 1087p.
Mining firms remained among the Footsie's biggest casualties but banking stocks such as Lloyds TSB and Halifax Bank of Scotland clawed back earlier losses to move into positive territory.
With little good news to stop the rot the Footsie kept falling and in March a spectacular 165-point, pounds 4bn collapse took the index to 3287, its lowest point since the summer of 1995.
However, predicting the Footsie is a notoriously difficult task, and forecasts for this year show how wrong commentators can sometimes be ?
The biggest Footsie fallers were Royal Dutch Shell, down 73.5p to 2177.5p, Sage, off 7.9p to 292.8p, Admiral, down 37p to 1696p and Lloyds Banking Group, down 1.4p, to 63p.
Another Footsie casualty was defence giant BAE Systems, which shed 8.6p to 380.2p or 2% as the firm suffered a broker downgrade following yesterday's loss of a pounds 4bn deal for armoured vehicles to a US rival.
Xstrata lost 33p to 1683p, while Lonmin plunged more than 20 per cent or 461p to 1813p - making it the leading Footsie faller.
On a day where top-flight news was in short supply, Lambert & Butler maker Imperial Tobacco was the leading Footsie casualty, following a downgrade from JP Morgan after yesterday's bigger than expected pounds 4.9 billion rights issue.
With little corporate news out, the Footsie was down 29.1 points at 5205.1 after an hour's trading - reversing an earlier 7.6 point gain.
After the first hour, the Footsie was up 30.0 points at 5183.1, with hopes of further gains.
The Footsie closed 42.3 points higher, at 6,000.1, after yesterday's 1.6% surge.