Founded in 1984 by Stock Exchange to better reflect activity on the market, it replaced the Financial Times' own FT 30.[2] A new index allowed Stock Exchange to launch the options contract derived from the FTSE's real-time data, while competitors LIFFE launched the futures contract.[3][4] By 1986, Margaret Thatcher's sweeping financial deregulation and high profile privatisations of index members British Telecom, British Gas, and British Aerospace had culminated in the Big Bang.[5] The combination of a new index, major privatisations, LIFFE tradable derivatives, and promotion by the Financial Times led to the FTSE 100 becoming the most widely used indicator of whether the UK stock market was rising or falling.[6] In 1987, privatisations continued with British Airways and British Petroleum. The latter concluded on the same day as Black Monday, a crash in which the index fell 21.73% in two days; one of those days is still the index's worst single-day return, –12.22%.[7]
Each calendar quarter, the FTSE's constituents are reviewed and some companies exit or enter the index, resulting in irregular trading volume and price changes as market participants rebalance their portfolios.[9]
The FTSE 100 Index with its 100 constituents[10] was launched on 3 January 1984.[10][9] The market capitalisation weighted FTSE 100 index replaced the price-weighted FT30 Index as the performance benchmark for most investors.[11]
The FTSE 100 broadly consists of the largest 100 qualifying UK companies by full market value.[12] The total market value of a company is calculated by multiplying the share price of the company by the total number of shares they have issued.[13] However, many of these are internationally focused companies: therefore the index's movements are a fairly weak indicator of how the UK economy is faring and are significantly affected by the exchange rates of the pound sterling.[14] A better indication of the UK economy is the FTSE 250 Index, as it contains a smaller proportion of international companies.[15]
Even though the FTSE All-Share Index is more comprehensive, the FTSE 100 is by far the most widely used UK stock market indicator. Other related indices are the FTSE 250 Index (which includes the next largest 250 companies after the FTSE 100), the FTSE 350 Index (which is the aggregation of the FTSE 100 and 250), FTSE SmallCap Index and the FTSE Fledgling Index. The FTSE All-Share aggregates the FTSE 100, FTSE 250 and FTSE SmallCap.[1]
Weighting
In the FTSE indices, share prices are weighted by free-float capitalisation, so that the larger companies, with more of their stock "floating", make more of a difference to the index than smaller companies. The basic formula for these indices is:[16]
The free float adjustment factor represents the percentage of all issued shares that are readily available for trading, rounded up to the nearest multiple of 5%. The free-float capitalisation of a company is its market capitalisation multiplied by its free float adjustment factor. It therefore does not include restricted stocks, such as those held by company insiders.[16]
Futures contracts
FTSE futures contracts are traded on the Euronext Equities & Index Derivatives (EUREID) exchange. The value of each contract is 10 GBP × index points and is specified as:[17]
FTSE (QFA) contract specifications
Contract size
10 GBP × index points
Exchange
EUREID
Sector
Index
Tick size
0.5
Tick value
5 GBP
Basis Point Value
10
Denomination
GBP
Decimal places
1
Record values
The index has reached the following record values:
Category
All-time highs
Closing
8,445.80
15 May 2024
Intraday
8,474.71
15 May 2024
The index began on 3 January 1984 at the base level of 1,000.[18] The highest closing value of 8,445.80 was reached on 15 May 2024 and the highest intra-day value of 8,474.71 was also reached on 15 May 2024.[19]
Annual returns
The following table shows the annual development of the calculation of the FT 30 Index from 1969 to 1983, and the FTSE 100 since 1984.[20][21][22][23]
Year
Closing level
Change in index
(points)
(%)
1969
313.16
1970
289.61
−23.55
−7.52
1971
411.03
121.42
41.93
1972
463.72
52.69
12.82
1973
318.30
−145.42
−31.36
1974
142.17
−176.13
−55.33
1975
335.98
193.81
136.32
1976
322.98
−13.00
−3.87
1977
455.96
132.98
41.17
1978
468.06
12.10
2.65
1979
488.40
20.34
4.35
1980
620.60
132.20
27.07
1981
665.50
44.90
7.23
1982
812.37
146.87
22.07
1983
1,000.00
187.63
23.10
1984
1,232.20
232.20
23.22
1985
1,412.60
180.40
14.64
1986
1,679.00
266.40
18.86
1987
1,712.70
33.70
2.01
1988
1,793.10
80.40
4.69
1989
2,422.70
629.60
35.11
1990
2,143.50
−279.20
−11.52
1991
2,493.10
349.60
16.31
1992
2,846.50
353.40
14.18
1993
3,418.40
571.90
20.09
1994
3,065.50
−352.90
−10.32
1995
3,689.30
623.80
20.35
1996
4,118.50
429.20
11.63
1997
5,135.50
1,017.00
24.69
1998
5,882.60
747.10
14.55
1999
6,930.20
1,047.60
17.81
2000
6,222.46
−707.74
−10.21
2001
5,217.35
−1,005.11
−16.15
2002
3,940.36
−1,276.99
−24.48
2003
4,476.87
536.49
13.62
2004
4,814.30
337.57
7.54
2005
5,618.76
804.46
16.71
2006
6,220.81
602.05
10.71
2007
6,456.91
236.10
3.80
2008
4,434.17
−2,022.74
−31.33
2009
5,412.88
978.71
22.07
2010
5,899.94
487.06
9.00
2011
5,572.28
−327.66
−5.55
2012
5,897.81
325.53
5.84
2013
6,749.09
851.29
14.43
2014
6,566.09
−183.00
−2.71
2015
6,274.05
−292.04
−4.45
2016
7,142.83
868.78
13.85
2017
7,687.77
544.94
7.63
2018
6,728.13
−959.64
−12.48
2019
7,542.44
814.31
12.10
2020
6,460.52
−1,081.92
−14.34
2021
7,384.54
924.02
14.30
2022
7,451.74
67.20
0.91
2023
7,733.24
281.50
3.78
Constituents
The following table lists the FTSE 100 companies after the changes on 1 October 2024.[24]
The oldest continuous index in the UK is the FT 30, also known as the Financial Times Index or the FT Ordinary Index (FTOI).[219] It was established in 1935 and nowadays is largely obsolete due to its redundancy. It is similar to the Dow Jones Industrial Average, and companies listed are from the industrial and commercial sectors. Financial sector companies and government stocks are excluded.
Of the original constituents,[220] three are currently in the FTSE 100: Tate & Lyle, Imperial Tobacco and Rolls-Royce, although Rolls-Royce has not been continuously listed and Imperial Tobacco was a subsidiary of Hanson for a number of years, and is now renamed as Imperial Brands. Only one of the original FT 30 companies is still in that index:[221] Tate & Lyle (membership is not strictly based on market capitalisation, so this does not mean they are necessarily among the top thirty companies in the FTSE 100). The best performer from the original lineup has been Imperial Tobacco.[222]
Yan WenliangPatung Perunggu Yan WenliangLahir(1893-07-20)20 Juli 1893Shanghai, ChinaMeninggal1 Mei 1988(1988-05-01) (umur 94)ShanghaiAlmamaterL'Ecole Superieure Nationale des Beaux ArtsDikenal atasLukisan cat minyakKarya terkenalKitchen, Southern Lake, The Countryside Late at Night, SnowGerakan politikImpresionisme Dalam artikel ini, nama keluarganya adalah Yan. Yan Wenliang Hanzi tradisional: 顏文樑 Hanzi sederhana: 颜文樑 Alih aksara Yan Wenliang (Hanzi: 顏文樑; 20 Juli 1...
Pacific severe tropical storm in 2022 This article is about the 2022 tropical storm. For other storms of the same name, see List of storms named Nalgae and List of storms named Paeng. Severe Tropical Storm Nalgae (Paeng) Nalgae at peak intensity on November 1Meteorological historyFormedOctober 26, 2022DissipatedNovember 3, 2022Severe tropical storm10-minute sustained (JMA)Highest winds110 km/h (70 mph)Lowest pressure975 hPa (mbar); 28.79 inHgCategory 1-equivalent typh...
Pasar Dongdaemun Pasar Dongdaemun atau Dongdaemun Sijang (동대문시장) adalah pasar yang terletak di distrik Dongdaemun, Seoul, Korea Selatan.[1] Letak pasar Dongdaemun berdekatan dengan Gerbang Besar Timur (Dongdaemun) dan telah lama dikenal sebagai pasar grosir dan eceran, terutama untuk produk garmen.[1] Pasar Dongdaemun dibuka pada tahun 1905 dan telah menjadi salah satu pasar terbesar di Korea.[2] Pasar Dongdaemun mulai terkenal dengan julukan sebagai Distrik ...
Cet article est une ébauche concernant l’histoire et la Corée. Vous pouvez partager vos connaissances en l’améliorant (comment ?) selon les recommandations des projets correspondants. Consultez la liste des tâches à accomplir en page de discussion. « Fuyu » redirige ici. Pour les autres significations, voir Fuyu (homonymie). Pour les articles homonymes, voir Puyo. Cet article concerne l'ancien royaume coréen. Pour le district sud-coréen, voir District de Buyeo...
Pour un article plus général, voir Diélectrique. Câble électrique 2 fils + terre avec isolant plastique Isolateur céramique utilisé pour supporter les câbles haute tension En électricité comme en électronique, un isolant électrique est une partie d'un composant ou un organe ayant pour fonction d'empêcher le passage de tout courant électrique entre deux parties conductrices[1] soumises à une différence de potentiel électrique. Un isolant est constitué d'un matériau diélect...
Election in West Virginia Main article: 1920 United States presidential election 1920 United States presidential election in West Virginia ← 1916 November 2, 1920 1924 → Nominee Warren G. Harding James M. Cox Party Republican Democratic Home state Ohio Ohio Running mate Calvin Coolidge Franklin D. Roosevelt Electoral vote 8 0 Popular vote 282,007 220,789 Percentage 55.30% 43.30% County Results Harding 40-50% 50-60% ...
Ini adalah nama Maluku, (Ambon), marganya adalah Pesulima Broery MarantikaLahirSimon Dominggus Pesulima(1942-06-25)25 Juni 1942Ambon, Masa Pendudukan JepangMeninggal7 April 2000(2000-04-07) (umur 57)Depok, Jawa Barat, IndonesiaNama lainBroeryPekerjaanpenyanyi, aktorSuami/istriAstrid Kayhatu Anita Sarawak (m. 1981–1985) Wanda Irene Latuperissa (m. 1989)Anak3Orang tuaGijsberth Pesulima Wilmintj...
Battle of World War II Battle of Milne BayPart of the New Guinea Campaign of the Pacific Theater (World War II)Australian troops at Milne Bay in 1942, shortly after the battleDate25 August 1942 (1942-08-25) – 7 September 1942 (1942-09-07)LocationMilne Bay, Territory of PapuaResult Allied victoryBelligerents Australia United States Japan Commanders and leaders Cyril Clowes Gunichi Mikawa Masajiro Hayashi Minoru Yano Units involved 7th Infa...
Guadeloupe, dengan Marie-Galante di Selatan Marie-Galante adalah salah satu pulau yang terletak di Guadeloupe, sebuah departemen luar negeri Prancis. Marie-Galante memiliki luas wilayah 170,5 km² (65,8 mil persegi). Pulau ini memiliki 11.528 penduduk pada awal 2013, dengan kepadatan penduduk 67,6 jiwa/km². Huecids adalah peradaban tertua yang diketahui telah menduduki Marie-Galante, diikuti oleh Arawaks, dan kemudian oleh Suku Pulau Karib sekitar 850. Pulau itu disebut Aichi oleh para Karib...
Untuk tempat lain dengan nama yang sama, lihat Clichy. Clichy, Hauts-de-SeineNegaraPrancisArondisemenNanterreKantonClichyAntarkomunebelum ada pada 2005Kode INSEE/pos92024 / Clichy (kadang-kadang secara tidak resmi Clichy-la-Garenne (merupakan sebuah komune di pinggiran baratlaut Paris, Prancis. Terletak 6.4 km (4 mil) dari pusat kota Paris. Merupakan salah satu kotamadya terpadat di Eropa. Kantor pusat L'Oréal Group, perusahaan terdepan dunia dalam kosmetik dan kecantikan, Bic, sa...
Министерство природных ресурсов и экологии Российской Федерациисокращённо: Минприроды России Общая информация Страна Россия Юрисдикция Россия Дата создания 12 мая 2008 Предшественники Министерство природных ресурсов Российской Федерации (1996—1998)Министерство охраны...
Province of Afghanistan For other uses, see Farah (disambiguation). Province in AfghanistanFarah فراهProvinceFrom the top, Farah Citadel, Togj Bridge, Pur Chaman DistrictMap of Afghanistan with Farah highlightedCoordinates (Capital): 32°30′N 63°30′E / 32.5°N 63.5°E / 32.5; 63.5Country AfghanistanCapitalFarahGovernment • GovernorNoor Mohammad Rohani[1] • Deputy GovernorJihadiyar Sahib[1] • Police C...
Per matrimonio forzato o matrimonio coatto si intende un matrimonio in cui una o entrambe le persone coinvolte, bambini o adulti, vengono fatte sposare contro la propria volontà. Indice 1 Matrimonio combinato e forzato 2 Spose bambine 3 La cultura greco-romana 4 Il ritorno del matrimonio forzato nella società globalizzata 5 Nel mondo 5.1 Europa 5.1.1 Italia 5.1.2 Germania 5.1.3 Regno Unito 5.2 Africa 5.2.1 Gambia 5.2.2 Madagascar 5.2.3 Malawi 5.2.4 Mauritania 5.2.5 Niger 5.2.6 Sudafrica 5.3...
Former canal in New York and Pennsylvania, United States Not to be confused with Delaware and Raritan Canal. Delaware and Hudson CanalA remaining section of the canal in Sullivan County, NY, used as a linear parkSpecificationsLength108 miles (174 km)Locks108Maximum height above sea level1,075 ft (328 m)StatusClosed, partially infilledNavigation authorityDelaware and Hudson CanalU.S. National Register of Historic PlacesU.S. National Historic Landmark NRHP reference No....
Sebuah roti lapis kapal selam dengan isi daging sapi panggang Sebuah roti lapis sapi panggang buatan sebuah restoran cepat saji dengan pendamping kentang spiral Roti lapis sapi panggang (bahasa Inggris: roast beef sandwich) adalah roti lapis yang dibuat menggunakan isian potongan daging sapi panggang atau daging cincang. Hidangan dijual di banyak rumah makan di Amerika Serikat, serta rantai makanan cepat saji, seperti Arby's dan Roy Rogers Restaurants. Ini tipe roti lapis yang sering ada pada...
Online Travel Agency eDreams ODIGEONative nameeDreams ODIGEOCompany typeSubsidiaryIndustryTourismFounded2000; 24 years ago (2000)FounderJavier Pérez-TenessaHeadquartersBarcelona, Catalonia, SpainKey peopleDana Dunne (CEO)Productsflights, hotels, vacation packages, car rentals, travel insuranceRevenue€463.3 million[1]Net income32,300,000 Euro (2023) ParentEDreams ODIGEOWebsitewww.edreams.com eDreams is an online travel agency based in Barcelona, Spain, that of...
Confederación Nacional del TrabajoConfederazione Nazionale del LavoroLogo Stato Spagna Fondazione1 novembre 1910 SedeMadrid AbbreviazioneCNT IdeologiaAnarco-socialismo Anarco-sindacalismo Iscritti320000 (1917) Sito webcnt.es Modifica dati su Wikidata · Manuale La Confederación Nacional del Trabajo, nota anche con la sigla CNT, è una confederazione di sindacati anarchici spagnoli. Indice 1 Storia 1.1 Primi anni 1.2 Guerra civile e rivoluzione 1.3 Clandestinità e attualità 2 Org...
BernardBishop of the IslesChurchCatholic ChurchSeeDiocese of the IslesIn office1327 x 1328–1331PredecessorGillebrìghde MacGilleFhaolainSuccessorThomas de RossyOrdersConsecration26 June x 12 November 1328Personal detailsBornunknownuncertainDiedc. 1331Buried in Kilwinning AbbeyPrevious post(s)Abbot of Kilwinning (x 1296–1296 x 1305)Chancellor of Scotland (1306 x 1308–1328)Abbot of Arbroath (1310–1328) Bernard (died c. 1331) was a Tironensian abbot, administrator and bi...
Audrey Hepburn dan Cathleen Nesbitt dalam drama Broadway Gigi (1951), ditulis oleh Anita Koos Gigi (1951) adalah sebuah drama populer, yang ditulis oleh Anita Loos. Drama tersebut berdasarkan pada novel tahun 1945 bernama sama, dan diproduksi dalam bentuk teater Broadway, dimana drama tersebut dibintangi oleh Audrey Hepburn dalam peran utama.[1][2] Referensi ^ Hofstede, David (31 August 1994). Audrey Hepburn: a bio-bibliography. Greenwood Press. hlm. 10. ^ Loos, Ani...