FTSE 100 - Financial definition
Country
: United Kingdom
Concise definition of the term FTSE 100
The FTSE 100 (Financial Times Stock Exchange 100 Index) is a stock market index that tracks the 100 largest publicly listed companies on the London Stock Exchange by market capitalization.
Comprehensive definition of the term FTSE 100
The FTSE 100 is often seen as a barometer of the UK economy, reflecting the performance of the largest and most liquid UK-based companies, including global giants like Unilever, HSBC, and BP. Many of these companies generate a significant portion of their revenue outside the UK, making the FTSE 100 appealing to global investors. The index is managed by FTSE Russell, a subsidiary of the London Stock Exchange Group, and serves as the basis for numerous investment products such as ETFs and derivatives. The index is updated throughout the trading day on the London Stock Exchange and has significant influence on global markets. It is also informally referred to as the Footsie.