FTSE UK indexes
FTSE (Financial Times and Stock Exchange) publishes free-float market capitalization indexes of United Kingtom (UK) stocks. FTSE created its first index, the FT Actuaries All-Share Index, in 1962.[note 1] This index is now known as the FTSE-All-Share Index.
FTSE also publishes gilt indexes.[note 2] There are two types of gilt: conventional; and inflation-linked.
In December 2011, The London Stock Exchange (LSE) took complete ownership of FTSE.[1]
FTSE stock market indexes
The FTSE UK stock indexes[2] include:
- FTSE All-Share Index
This index represents 98-99% of UK market capitalisation, FTSE All-Share is the aggregation of the FTSE 100, FTSE 250 and FTSE Small Cap indexes. - FTSE 100 Index
This index (inception on January 3, 1984) comprises the 100 most highly capitalised blue chip companies, representing approximately 81% of the UK market. - FTSE 250 Index
This index (inception on October 12, 1992) comprises mid-capitalised companies not covered by the FTSE 100, and represents approximately 15% of UK market capitalisation. - FTSE 350 Index
This index is a combination of the FTSE 100 and FTSE 250 indexes. - FTSE SmallCap Index
The index consists of companies outside of the FTSE 350 Index and represents approximately 2% of the UK market capitalisation. - FTSE Fledgling Index
This index is for UK companies listed on the main market of the London Stock Exchange that are too small to be included in the FTSE All-Share.
Index tracker funds commonly use the FTSE All-Share, FTSE 100, and FTSE 250 indexes.
FTSE Gilt market indexes
The FTSE UK Gilts indexes[3] include:
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Notes
- ↑ The FT Actuaries All-Share Index was initially a price only index, excluding dividends. FTSE later added two new sub-indexes, the FTSE 100 in January 1984 and the FTSE 250 in October 1992. In 1993 the FTSE-All-Share Index began reporting returns on total return basis.
- ↑ Gilts are bonds issued by the British government, and generally considered to be low risk. Gilts are the UK equivalent of US Treasury securities.
References
- ↑ "L.S.E. Group to Buy Remainder of FTSE". The New York Times. Retrieved October 5, 2023.
- ↑ "FTSE UK Index Series". FTSE Russell. Retrieved October 5, 2023.
- ↑ "FTSE Actuaries UK Gilts Index Series". FTSE Russell. Retrieved October 5, 2023.
External links
- FTSE Indices, London Stock Exchange
- About Gilts, UK Debt Management Office