The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" /ˈfʊtsiː/, is a share index of the 100 companies listed on the London Stock Exchange with the highest market capitalization. It is seen as a gauge of prosperity for businesses regulated by UK company law. The index is maintained by the FTSE Group, a subsidiary of the London Stock Exchange Group.
The index began on 3 January 1984 at the base level of 1000; the highest closing value reached to date is 7103.98 (with an intra-day high of 7122.74), on 27 April 2015, the previous peak having been over 15 years previously, on the last trading day of 1999, during the dot-com bubble. After falling during the financial crisis of 2007-2010 to below 3500 in March 2009, the index recovered to a peak of 6091.33 on 8 February 2011, fell under the 5000 mark on the morning of 23 September 2011, but reached its record high on the market close of 27 April 2015, more than doubling in value from the crash in 2009. It then went into a bear market, closing at 5537 on 11 February 2016.
The FTSE 250 Index (/ˈfʊtsiː/ FUUT-see) is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from this index take place quarterly in March, June, September and December. This Index is calculated in real-time and published every minute.
Related indices are the FTSE 100 Index (which lists the largest 100 companies), the FTSE 350 Index (which combines the FTSE 100 and 250), the FTSE SmallCap Index and the FTSE All-Share Index (which is the aggregation of the FTSE 100 Index, FTSE 250 Index and FTSE SmallCap Index).
Quite a number of companies within this index are investment trusts. As of 30 September 2008, the net market capitalisation of FTSE 250 Index was £161 billion (or 13 per cent of FTSE 100 Index).
The current constituents following the changes of 3 February 2016 are as follows:
The FTSE 350 Index index is a market capitalisation weighted stock market index incorporating the largest 350 companies by capitalisation which have their primary listing on the London Stock Exchange. It is a combination of the FTSE 100 Index of the largest 100 companies and the FTSE 250 Index of the next largest 250. See the articles about those indices for lists of the constituents of the FTSE 350.
The FTSE 350 is not very widely followed. The terms "FTSE 350" or "FTSE 350 company" are, however, useful for referring to large listed British companies when one wishes to include companies outside the top 100.