FTSE Index

The FTSE Index is a share index of the 100 most highly capitalized UK companies listed on the London Stock Exchange and a measure of UK business prosperity.

The FTSE index (also called FTSE 100 index, FTSE 100, FTSE, or the "footsie") is a share index of the 100 most highly capitalized UK companies listed on the London Stock Exchange. It is the most widely used of the FTSE Group's indices, and is frequently reported on UK news bulletins as a measure of business prosperity, because it represents about 80% companies of the market capitalization of the whole London Stock Exchange.

Provider

The FTSE index is maintained by the FTSE Group, an independent company which originated as a joint venture between the Financial Times and the London Stock Exchange.

Calculation Of Index

Trading on the London Stock Exchange lasts from 08.00 - 16.29 (when the closing auction starts), and closing values are taken at 16.35. FTSE index is calculated in real time and published every 15 seconds. Weighting of individual stocks in the index depend on the total market capitalization of the companies, which is adjusted with the Free float Adjustment factor - proportion of shares that is floated as a percentage of issued shares and then its rounded up to the nearest multiple of 5% for calculation purposes.

Selection Of Index Components

The constituents of the FTSE index are determined quarterly according to their market capitalization. Component companies must meet a number of requirements set out by the FTSE Group, including having a full listing on the London Stock Exchange and meeting certain tests on nationality, free float, and liquidity. Companies listed on FTSE index must by law include the abbreviation 'plc' at the end of their name, indicating their status of public limited company.

Index Historical Chart

The FTSE index is published since 3 January 1984 with a base level of 1000; the highest value 6950.60 was reached on 30 December 1999. The latest minimal value of the index was reached in March 2009, when index reached the 3460.71 level.

FTSE Index

Index Sector Allocation

The FTSE index has the following sector allocation (as of 6/16/2010):

  • Financials: 21.54%
  • Oil&Gas: 18.48%
  • Basic Materials: 13.18%
  • Consumer Goods: 12.57%
  • Health Care: 8.96%
  • Consumer Services: 8.76%
  • Telecommunications: 6.75%
  • Industrials: 4.71%
  • Utilities: 4.01%
  • Technology: 1.03%
  • Engineering: 0.01%

Index Components

The FTSE index components shown in table below are sorted by weightings and valid as of 6/16/2010.

Company Symbol Sector Weight
HSBC Holdings PLC HSBA Financials 8.38%
RDS A PLC RDSA Oil & Gas 5.66%
Vodafone Group PLC VOD Telecommunications 5.51%
BP PLC BP. Oil & Gas 4.95%
Glaxosmithkline PLC GSK Health Care 4.65%
Rio Tinto PLC RIO Basic Materials 3.74%
RDS B PLC RDSB Oil & Gas 3.45%
Astrazeneca PLC AZN Health Care 3.30%
British American Tobacco PLC BATS Consumer Goods 3.21%
BHP Billiton PLC BLT Basic Materials 3.13%
BG Group PLC BG. Oil & Gas 2.75%
Barclays PLC BARC Financials 2.68%
Anglo American PLC AAL Basic Materials 2.62%
Standard Chartered PLC STAN Financials 2.49%
Tesco PLC TSCO Consumer Services 2.30%
Diageo PLC DGE Consumer Goods 2.08%
Unilever PLC ULVR Consumer Goods 1.83%
Reckitt Benckiser Group PLC RB. Consumer Goods 1.74%
Sabmiller PLC SAB Consumer Goods 1.72%
Xstrata PLC XTA Basic Materials 1.67%
Lloyds Group PLC LLOY Financials 1.60%
Imperial Tobacco Group PLC IMT Consumer Goods 1.44%
National Grid PLC NG. Utilities 1.30%
Centrica PLC CNA Utilities 1.10%
Prudential PLC PRU Financials 1.02%
BAE Systems PLC BA. Industrials 0.84%
Rolls-Royce Group PLC RR. Industrials 0.82%
BT Group PLC BT-A Telecommunications 0.79%
Compass Group PLC CPG Consumer Services 0.78%
Tullow PLC TLW Oil & Gas 0.77%
Scotish & Southrn Energy PLC SSE Utilities 0.75%
Aviva PLC AV. Financials 0.70%
WPP PLC WPP Consumer Services 0.64%
Shire PLC SHP Health Care 0.59%
British Sky Broadcasting PLC BSY Consumer Services 0.58%
Pearson PLC PSON Consumer Services 0.56%
Royal Bank Of Scotland PLC RBS Financials 0.56%
Morrison (WM) Supermarkets MRW Consumer Services 0.50%
Experian PLC EXPN Industrials 0.47%
Old Mutual PLC OML Financials 0.45%
Reed Elsevier PLC REL Consumer Services 0.45%
Cairn Energy PLC CNE Oil & Gas 0.44%
Sainsbury (J) PLC SBRY Consumer Services 0.44%
Carnival PLC CCL Consumer Services 0.42%
Smith & Nephew PLC SN. Health Care 0.42%
Randgold Resources RRS Basic Materials 0.41%
Marks & Spencer PLC MKS Consumer Services 0.40%
Kingfisher PLC KGF Consumer Services 0.39%
Capita Group PLC CPI Industrials 0.37%
Legal & General Group PLC LGEN Financials 0.36%
Autonomy Corp PLC AU. Technology 0.35%
International Power PLC IPR Utilities 0.35%
Land Securities Group PLC LAND Financials 0.34%
Wolseley PLC WOS Industrials 0.33%
Smiths Group PLC SMIN Industrials 0.32%
MAN Group PLC EMG Financials 0.31%
RSA Insurance PLC RSA Financials 0.31%
Standard Life PLC SL. Financials 0.31%
Eurasian Natural Resources PLC ENRC Basic Materials 0.30%
Next PLC NXT Consumer Services 0.30%
Aggreko PLC AGK Industrials 0.29%
AB Food PLC ABF Consumer Goods 0.29%
British Land PLC BLND Financials 0.29%
G4S PLC GFS Industrials 0.29%
ARM Holdings PLC ARM Technology 0.28%
Inmarsat PLC ISAT Telecommunications 0.28%
United Utilities PLC UU. Utilities 0.28%
Antofagasta PLC ANTO Basic Materials 0.26%
Bruberry Group PLC BRBY Consumer Goods 0.25%
Intercontinental Hotels PLC IHG Consumer Services 0.25%
Petrofac PLC PFC Oil & Gas 0.25%
Johnson Matthey PLC JMAT Basic Materials 0.24%
Lonmin PLC LMI Basic Materials 0.23%
Sage Group PLC SGE Technology 0.23%
Serco Group PLC SRP Industrials 0.23%
Vedanta PLC VED Basic Materials 0.23%
Severn Trent PLC SVT Utilities 0.22%
3i Group PLC III Financials 0.21%
AMEC PLC AMEC Oil & Gas 0.21%
Rexam PLC REX Industrials 0.21%
Admiral Group PLC ADM Financials 0.20%
Cobham PLC COB Industrials 0.20%
ICAP PLC IAP Financials 0.20%
Hammerson PLC HMSO Financials 0.19%
Kazakhmys PLC KAZ Basic Materials 0.19%
Whitbread PLC WTB Consumer Services 0.19%
British Airways PLC BAY Consumer Services 0.18%
Bunzl PLC BNZL Industrials 0.18%
Cable&Wireless PLC CW. Telecommunications 0.17%
Fresnillo PLC FRES Basic Materials 0.17%
Intertek Group PLC ITRK Industrials 0.17%
Invensys PLC ISYS Technology 0.17%
Investec PLC INVP Financials 0.17%
Schroders PLC SDR Financials 0.17%
Alliance Trust PLC ATST Financials 0.16%
Capital Shopping Centers Group PLC CSCG Financials 0.15%
Home Retail PLC HOME Consumer Services 0.15%
Segro PLC SGRO Financials 0.15%
Thomas Cook PLC TCG Consumer Services 0.13%
London Stock Exchange Group PLC LSE Financials 0.10%
Tui Travel PLC TT. Consumer Services 0.09%
Schroders PLC (nv) SDRC Financials 0.05%
Rolls-Royce Group - C shares Not listed Engineering 0.01%

Other FTSE Indices

Even though the FTSE 100 Index is most widely used, FTSE All-Share Index is more comprehensive as it aggregates the FTSE 100, FTSE 250 and FTSE SmallCap indices. Other related indices are the FTSE 250 Index (which lists 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 FTSE Fledgling Index.

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