FTSE 100 Index
From Wikipedia, the free encyclopedia
The FTSE 100 Index (pronounced footsie) is a share index of the 100 most highly capitalized companies listed on the London Stock Exchange, begun on January 3, 1984. The index was developed with a base level of 1000 on that date. Component companies must meet a number of requirements set out by the FTSE Group, including having a full listing on the London Stock Exchange with a Sterling or Euro dominated price on SETS, and meeting certain tests on nationality, free float, and liquidity. Trading lasts from 0800-1629 (when the closing auction starts), and closing values are taken at 1635. The highest value of the index to date was 6950.6, set on December 30, 1999.
The index is seen as a barometer of success of the British economy and is the leading share index in Europe. It is maintained by the FTSE Group, a now independent company which originated as a joint venture between the Financial Times and the London Stock Exchange (hence the abbreviation Financial Times Stock Exchange). According to the FTSE Group's website the FTSE 100 companies represent about 80% of the UK share market.
Related indices are the FTSE 250 Index (which lists the next largest 250 companies), FTSE SmallCap, FTSE Fledgling, the FTSE 350 Index (which is the aggregation of the FTSE 100 and 250), and the FTSE All-Share Index (which aggregates the FTSE 100, FTSE 250 and FTSE SmallCap).
The constituents of the index are determined quarterly; the largest companies in the FTSE 250 Index are promoted if their market capitalisation would place them in the top 90 firms of the FTSE 100 Index. As of 2006, the threshold for inclusion is about 2.9 billion pounds [1]. As of 31 December 2005 the 6 largest constituents of the index were BP, Royal Dutch Shell, HSBC Holdings, the Vodafone Group, the Royal Bank of Scotland Group and GlaxoSmithKline, which were each valued at more than £50 billion.
Most of the companies listed on this index usually include the abbreviation plc at the end of their name, indicating their status of public limited company.
Contents |
[edit] List of FTSE 100 companies
This Reflects the Demerger of GUS on 11 October 2006. GUS was replaced on the list by Experian. PartyGaming was moved to the FTSE 250. Home Retail (formerly of GUS) was added. [2]
There are 100 companies in the index, but a total of 101 listings as two classes of shares are included for Royal Dutch Shell.
- 3i
- Alliance & Leicester
- Alliance Boots
- AMVESCAP
- Anglo American
- Antofagasta
- Associated British Foods
- AstraZeneca
- Aviva
- BAE Systems
- Bank of Cyprus Public Company Ltd.
- Barclays Bank
- BG Group
- BHP Billiton
- BP
- Bradford & Bingley
- Brambles Industries
- British Airways
- British American Tobacco
- British Energy Group
- British Land Company
- British Sky Broadcasting Group
- BT Group
- Cadbury Schweppes
- Cairn Energy
- Capita Group
- Carnival
- Centrica
- Compass Group
- Corus Group
- Diageo
- Drax Group
- DSG International
- Enterprise Inns
- Experian
- Friends Provident
- Gallaher Group
- GlaxoSmithKline
- Hammerson
- Hanson
- HBOS
- Home Retail Group
- HSBC
- ICAP
- Imperial Chemical Industries
- Imperial Tobacco
- InterContinental Hotels Group
- International Power
- ITV
- J Sainsbury
- Johnson Matthey
- Kazakhmys
- Kelda Group
- Kingfisher
- Land Securities Group
- Legal & General
- Liberty International
- Lloyds TSB
- Lonmin
- Man Group
- Marks and Spencer
- Wm Morrison Supermarkets
- National Grid
- Next
- Northern Rock
- Old Mutual
- Pearson
- Persimmon
- Prudential
- Reckitt Benckiser
- Reed Elsevier
- Resolution
- Reuters Group
- Rexam
- Rio Tinto Group
- Rolls-Royce Group
- Royal & Sun Alliance Insurance
- Royal Bank of Scotland Group
- Royal Dutch Shell
- SABMiller
- Sage Group
- Scottish & Newcastle
- Scottish & Southern Energy
- Scottish Power
- Severn Trent
- Shire Pharmaceuticals Group
- Slough Estates
- Smith & Nephew
- Smiths Group
- Standard Chartered Bank
- Standard Life
- Tate & Lyle
- Tesco
- Unilever
- United Utilities
- Vedanta Resources
- Vodafone
- Wolseley
- WPP Group
- Xstrata
- Yell Group
[edit] Market capitalisation
The following table lists the 31 FTSE 100 companies which had a market capitalisation of £10 billion or more on 31 December 2005. At that date £10 billion was equivalent to $17.079 billion.
| Rank | Company | Capitalisation (£m) |
|---|---|---|
| 1 | BP | 128,497 |
| 2 | Royal Dutch Shell | 122,656 |
| 3 | HSBC | 105,113 |
| 4 | GlaxoSmithKline | 86,311 |
| 5 | Vodafone Group | 78,166 |
| 6 | Royal Bank of Scotland Group | 55,643 |
| 7 | AstraZeneca | 45,236 |
| 8 | Barclays plc | 39,538 |
| 9 | HBOS | 38,439 |
| 10 | Anglo American | 29,341 |
| 11 | Rio Tinto Group <ref name="f1">: Rio Tinto Group is a dual listed company. The figure shown represents only the majority stake owned by Rio Tinto Plc.</ref> | 28,244 |
| 12 | British American Tobacco | 27,618 |
| 13 | Lloyds TSB | 27,181 |
| 14 | Tesco | 26,035 |
| 15 | Diageo | 24,898 |
| 16 | BHP Billiton <ref name="f2">: BHP Billiton is a dual listed company. The figure represents only the minority stake owned by BHP Billiton Plc.</ref> | 23,434 |
| 17 | BG Group | 20,306 |
| 18 | BT Group | 18,980 |
| 19 | O2 | 17,322 |
| 20 | Standard Chartered | 16,983 |
| 21 | Unilever <ref name="f3">: Unilever is a dual listed company. The figure represents only the minority stake owned by Unilever Plc.</ref> | 16,744 |
| 22 | Aviva | 16,671 |
| 23 | SABMiller | 15,876 |
| 24 | National Grid | 15,422 |
| 25 | Reckitt Benckiser | 13,883 |
| 26 | Prudential Plc | 13,336 |
| 27 | Imperial Tobacco Group | 12,408 |
| 28 | BAE Systems | 12,256 |
| 29 | Cadbury Schweppes | 11,422 |
| 30 | Marks & Spencer | 10,256 |
| 31 | Scottish Power | 10,044 |

