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The FTSE, an acronym for the Financial Times FT and London Stock Exchange LSE is a group of indexes that trade in the stock market in the United Kingdom.

These indexes are considered a gauge of the financial health of the British stock market.

There are several different indexes included in the FTSE group. The FTSE is the most widely referred to index, trading in of the largest and most valuable companies that trade in Britain.

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Others include the FTSE and the FTSE Dividend Index. The FTSE represents some of the largest companies in Britain as measured by market capitalization. Index stocks are reviewed quarterly for liquidity.

Each of the FTSE components trade on the LSE, and the index trades in both the British pound and the euro. The FTSE was launched in , at which time the index was valued at 1, Performance during the week of Oct. Energy is the most widely represented index in the FTSE British Petroleum, Britain's largest energy company, represents nearly 10 percent of the value of the index.

Other industries represented include pharmacy, biotechnology and tobacco. The value for FTSE indexes is calculated by the same standards used to value the U.

What Does FTSE Stand for in Stocks? | It Still Works

Dow Jones industrial average. The larger the value of an FTSE component, the more weight it is given in the calculation of the index's total value. What Does FTSE Stand for in Stocks?

History The FTSE was launched in , at which time the index was valued at 1, Industries Energy is the most widely represented index in the FTSE Value The value for FTSE indexes is calculated by the same standards used to value the U. FTSE Slumps To Worst Week In History As Rout Deepens.

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