As the upcoming FTSE is already on way, not many people know exactly what it is and what it does.
What exactly is FTSE?
FTSE 100 stands for Financial Times Stock Exchange. It is made up of 100 businesses within the London Stock Exchange (which are usually referred to as blue chip companies) where they look into how good the company is growing and what damages it has come across. The name originally comes from the owners who first started this exchange, which was The Financial Times.
Looking into the index, it is assured that it is changed to reflect the top companies within the 100 list, this is so that the list wouldn’t contain any other companies which shouldn’t be in there, which means they are all on track of the information given. The changes happen every so quarter, however if during the time before the list comes about if there are any changes it will be changed.
Here at Buzz, we have created an audio guide on the top 5 most important facts that will give you an insight to what FTSE is.