FTSE 100 Index

The FTSE 100 Index (IPAEng|ˈfʊtsiː, "footsie", abbreviated "Financial Times Stock Exchange Index") is a share index of the 100 most highly capitalised companies listed on the London Stock Exchange. The index began on 3 January 1984 with a base level of 1000; the highest value reached to date is 6950.6, on 30 December 1999.

Overview

The index is maintained by the FTSE Group, an independent company which originated as a joint venture between the "Financial Times" and the London Stock Exchange.

FTSE 100 companies represent about 80% of the market capitalisation of the whole London Stock Exchange. Even though the FTSE All-Share Index is more comprehensive, the FTSE 100 is by far the most widely used UK stock market indicator. Other related indices are the FTSE 250 Index (which lists the next largest 250 companies after the FTSE 100), the FTSE 350 Index (which is the aggregation of the FTSE 100 and 250), FTSE SmallCap Index and FTSE Fledgling. The FTSE All-Share 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. As of 29 December 2006 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 £60 billion.

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.

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.

Trading lasts from 08.00–16.29 (when the closing auction starts), and closing values are taken at 16.35.

List of FTSE 100 companies

This reflects the quarterly reshuffle effective 22 September 2008. [cite web|url=http://www.ftse.com/tech_notices/2008/Q3/19971_20080910_FTSE_UK_Review_Sep_2008.jsp;jsessionid=4A1E813B6DB129869D588ACD240ABD0F.tc1|title=FTSE UK Index Series Quarterly Review September 2008|date=10 September 2008|publisher=FTSE Group|accessdate=2008-09-21]

There are 100 companies in the index, but a total of 102 listings as two classes of shares are included for Royal Dutch Shell and Schroders.

# 3i
# Admiral Group
# Alliance Trust
# AMEC
# Anglo American
# Antofagasta
# Associated British Foods
# AstraZeneca
# Autonomy Corporation
# Aviva
# BAE Systems
# BG Group
# BHP Billiton
# BP
# BT Group
# Barclays Bank
# British Airways
# British American Tobacco
# British Energy Group
# British Land Company
# British Sky Broadcasting Group
# Bunzl
# Cable & Wireless
# Cadbury plc
# Cairn Energy
# Capita Group
# Carnival
# Centrica
# Cobham
# Compass Group
# Diageo
# Drax Group
# Eurasian Natural Resources Corporation
# Experian
# FirstGroup
# Fresnillo
# Friends Provident
# G4S
# GlaxoSmithKline
# HBOS
# HSBC
# Hammerson
# ICAP
# Imperial Tobacco
# Inmarsat
# InterContinental Hotels Group
# International Power
# Invensys
# Johnson Matthey
# Kazakhmys
# Kingfisher
# Land Securities Group
# Legal & General
# Liberty International
# Lloyds TSB
# London Stock Exchange Group
# Lonmin
# Man Group
# Marks & Spencer
# Wm Morrison Supermarkets
# National Grid
# Next
# Old Mutual
# Pearson
# Petrofac
# Prudential
# RSA Insurance Group
# Reckitt Benckiser
# Reed Elsevier
# Rexam
# Rio Tinto Group
# Rolls-Royce Group
# Royal Bank of Scotland Group
# Royal Dutch Shell
# SABMiller
# Sage Group
# J Sainsbury
# Schroders
# Scottish and Southern Energy
# Severn Trent
# Shire Pharmaceuticals Group
# Smith & Nephew
# Smiths Group
# Stagecoach Group
# Standard Chartered Bank
# Standard Life
# Tesco
# Thomas Cook Group
# Thomson Reuters
# TUI Travel
# Tullow Oil
# Unilever
# United Utilities
# Vedanta Resources
# Vodafone
# WPP Group
# Whitbread
# Wolseley
# Wood Group
# Xstrata

Market capitalisation

The following table lists the 33 FTSE 100 companies which had a market capitalisation of £10 billion or more on 31 December 2007, the last trading day of 2007.

Source: File linked from [http://www.londonstockexchange.com/en-gb/about/statistics/ this page] on the London Stock Exchange's official site. Companies which do not have their primary listing on the London Stock Exchange are not eligible for membership of the FTSE 100 Index and have been excluded.

Former members of the FTSE 100 index

*Abbey Life (became subsidiary of Lloyds TSB in 1996, then sold to Deutsche Bank in 2007 [: [http://www.lloydstsb.com/about_ltsb/lloyds_bank.asp Acquisition by Lloyds] ] [: [http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/31/bcnlloyd131.xml Acquisition by Deutsche Bank] ] )
*Abbey National (acquired by Banco Santander Central Hispano)
*Alliance & Leicester (currently being acquired by Banco Santander Central Hispano)
*Alliance Boots (acquired by private equity fund controlled by Kohlberg Kravis Roberts)
*Allied Domecq (acquired by Pernod Ricard)
*Allied Zurich (dual holding company along with Zurich Allied, companies unified in 2000 to form Zurich Financial Services [: [http://www.zurich.com/main/mediarelations/mediareleases/2000/english/ARTICLE104.htm Unification of companies] ] )
*Amersham (acquired by GE)
*Amstrad
*Argos (now Home Retail Group)
*Argyll Group (renamed to Safeway in 1996, then taken over by Morrisons in 2004)
*Arjo Wiggins Appleton plc (acquired by Worms & Cie)
*ARM Holdings
*ASDA Group (acquired by Wal-Mart)
*BAA (acquired by Ferrovial)
*Baltimore Technologies
*Bank of Scotland (now part of HBOS)
*Barratt Developments
*Bass (became Six Continents plc and demerged to InterContinental Hotels Group)
*Beecham Group (Now part of GlaxoSmithKline)
*Berisford (renamed Enodis)
*BET plc (acquired by Rentokil, now Rentokil Initial)
*Bhs (acquired by Storehouse plc and then sold to Philip Green)
*BICC (renamed Balfour Beatty)
*Blue Arrow (now part of Corporate Services Group)
*Blue Circle Industries (acquired by Lafarge)
*BOC (acquired by The Linde Group)
*Bowater (renamed Rexam)
*Bookham Technology (now traded on Nasdaq)
*BPB Industries (acquired by Saint-Gobain)
*Bradford & Bingley (currently being acquired by Banco Santander Central Hispano)
*British Aerospace (now part of BAE Systems)
*British & Commonwealth (collapsed)
*Brambles Industries
*British Steel (acquired by Corus Group, itself now part of Tata Steel)
*Britoil (acquired by BP)
*BTR (renamed Invensys plc)
*Burmah Castrol (acquired by BP)
*Burmah Oil (renamed Burmah Castrol and acquired by BP)
*Burton Group (acquired by Arcadia)
*Carlton Communications (merged with Granada plc to form ITV plc)
*Carphone Warehouse Group
*Celltech (acquired by UCB in 2004)
*CMG (merged with Logica to form LogicaCMG)
*Coats Viyella (taken private and renamed Coats plc)
*COLT Telecom Group
*Compass Group
*Commercial Union Assurance (merged with General Accident to form CGU plc, itself now part of Aviva)
*Consolidated Gold Fields (acquired by Hanson)
*Cookson Group
*Corus Group (acquired by Tata Steel)
*Courtaulds (demerged into two businesses acquired by Sara Lee and Akzo Nobel)
*Daily Mail and General Trust
*Dalgety (renamed Sygen International plc and acquired by Genus plc)
*Debenhams
*De La Rue
*Dimension Data Holdings
*Distillers (acquired by Guinness; now part of Diageo plc)
*Dixons Group (renamed to DSG International)
*Dowty Group (acquired by TI Group, itself now part of Smiths Group)
*DSG International
*Eagle Star (acquired by BAT Industries and then demerged as part of Zurich Financial Services)
*Eastern Group (acquired by Texas Utilities and then Powergen, now part of E.ON UK)
*ECC Group (acquired by Imetal)
*Edinburgh Investment Trust
*Electrocomponents
*EMAP
*EMI Group (acquired by Terra Firma Capital Partners)
*Energis (acquired by Cable and Wireless)
*English China Clays (acquired by Imetal)
*Enterprise Inns
*Enterprise Oil (acquired by Royal Dutch Shell)
*Eurotunnel
*EXCO International (acquired by British & Commonwealth)
*Exel (acquired by Deutsche Post)
*Ferranti International (collapsed)
*Ferrexpo
*Fisons (acquired by Rhone-Poulenc Rorer, now Sanofi-Aventis)
*Foreign & Colonial Investment Trust
*Forte plc (acquired by Granada plc, now ITV plc)
*Freeserve (acquired by France Telecom)
*Gallaher Group (acquired by Japan Tobacco)
*Gateway Corporation (acquired by Somerfield)
*GEC (renamed Marconi plc and then telent plc)
*General Accident (merged with Commercial Union to form CGU plc, itself now part of Aviva)
*George Wimpey (merged with Taylor Woodrow to form Taylor Wimpey)
*GKN
*Glaxo Wellcome (now part of GlaxoSmithKline)
*Globe Investment Trust (acquired by British Coal Pension Fund)
*Granada Compass (split in 2001 to leave Granada plc and Compass Group plc)
*Granada Group (merged with Carlton Communications to form ITV plc)
*Greenalls Group (renamed De Vere Group)
*Grand Metropolitan (merged with Guinness to form Diageo plc)
*Guardian Royal Exchange plc (acquired by Sun Life)
*Guinness (merged with Grand Metropolitan to form Diageo plc)
*GUS (now demerged into Home Retail Group and Experian)
*Habitat Mothercare (later became part of merger forming Storehouse plc)
*Halifax Group (now part of HBOS)
*Hambro Life (acquired by Allied Dunbar, itself acquired by BAT Industries and then demerged as part of Zurich Financial Services)
*Hanson (acquired by Heidelberg Cement)
*Harrisons & Crosfield (renamed Elementis)
*Hawker Siddeley (acquired by BTR plc, now Invensys plc)
*Hays
*Hillsdown Holdings (acquired by Hicks, Muse, Tate and Furst and then sold on as Premier Foods)
*Home Retail Group
*House of Fraser (acquired by Baugur)
*Imperial Chemical Industries (acquired by Akzo Nobel)
*Imperial Continental Gas (acquired by Calor)
*Inchcape plc
*Innogy Holdings (acquired by RWE, now part of npower)
*Invesco, moved primary listing to NYSE
*ITV
*Jaguar (acquired by Ford)
*Kelda Group (acquired by Saltaire Water consortium)
*Kingston Communications (renamed KCOM Group PLC)
*Kwik Save Group (merged with Somerfield)
*Ladbrokes
*Laporte (major divisions acquired by Kohlberg Kravis Roberts)
*LASMO (now part of Eni [http://news.bbc.co.uk/1/hi/business/1081201.stm] )
*Lattice (merged with National Grid plc to form National Grid Transco)
*Logica
*London Electricity plc (acquired by Electricite de France)
*Lonhro (renamed Lonmin)
*Lucas Industries (merged with Varity to form LucasVarity, then acquired by Northrop Grumman)
*LucasVarity (acquired by Northrup Grumman)
*Magnet and Southerns(taken private)
*Maxwell Communications (collapsed)
*MB-Caradon (renamed Caradon plc and then Novar plc, then acquired by Honeywell)
*MEPC (acquired by Lecon Port Estates)
*Mercury Asset Management (acquired by Merrill Lynch)
*MFI Furniture (renamed Galiform)
*Midlands Electricity plc (acquired by Acquila Sterling, now part of E.ON UK)
*Midland Bank (acquired by HSBC)
*Misys
*Mitchells & Butlers
*NatWest (now part of Royal Bank of Scotland Group)
*NFC Plc formerly National Freight Corporation (merged with Ocean Group to form Exel, now part of Deutsche Post)
*Northern Foods
*Northern Rock
*Norwich Union (merged with CGNU to form Aviva)
*Nycomed Amersham (acquired by GE)
*O2 (now part of Telefónica O2)
*Orange plc (acquired by France Telecom)
*PartyGaming
*P&O (acquired by Dubai Ports World)
*P&O Princess Cruises (acquired by Carnival Corporation & plc)
*Persimmon
*Pilkington (acquired by Nippon Sheet Glass)
*Plessey (acquired by GEC and Siemens)
*Polly Peck (collapsed)
*PowerGen (acquired by E.ON UK)
*Provident Financial
*Psion
*Punch Taverns
*Racal Electronics (acquired by Thales Group)
*Railtrack Group (collapsed)
*Rank Hovis McDougall (now part of Premier Foods)
*Reckitt and Coleman (merged with Benckiser N.V. to form Reckitt Benckiser)
*Redland (acquired by Lafarge)
*Reed International (merged with Elsevier N.V. to form Reed Elsevier)
*Rentokil Initial
*Resolution
*RMC Group (acquired by Cemex)
*Rothmans International (acquired by British American Tobacco)
*J Rothschild (renamed St James's Place Capital)
*Rowntree (acquired by Nestlé)
*Royal Insurance (now part of Royal & SunAlliance)
*Saatchi & Saatchi (acquired by Publicis)
*Safeway (acquired by Morrisons)
*Scottish & Newcastle (acquired by a consortium formed of Heineken & Carlsberg)
*Scottish Hydro Electric (merged with Southern Electric to form Scottish and Southern Energy plc)
*Scottish Power (acquired by Iberdrola)
*Sears plc (acquired by January Investments Limited - itself controlled by Philip Green)
*Securicor (merged with Group 4 Falck to form G4S)
*Sedgwick (acquired by Marsh & McLennan)
*SEGRO
*Sema Group (acquired by Schlumberger)
*Shell Transport and Trading Company (now re-organised with Royal Dutch Petroleum Company as Royal Dutch Shell)
*Siebe (merged with BTR to form Invensys)
*SmithKline Beecham (now part of GlaxoSmithKline)
*Smiths Industries, renamed to Smiths Group
*Southern Electric (merged with Scottish Hydro Electric to form Scottish and Southern Energy plc)
*Spirent
*Standard Telephones and Cables (remamed STC plc and acquired by Nortel)
*Storehouse plc (remamed Mothercare)
*Sun Alliance Group plc (now part of Royal & SunAlliance)
*Sun Life Assurance (acquired by Axa)
*Sun Life & Provincial Holdings plc (acquired by Axa)
*Tarmac (acquired by Anglo American plc)
*Tate & Lyle
*Taylor Wimpey
*Taylor Woodrow (merged with George Wimpey to form Taylor Wimpey)
*Telewest Communications (merged with NTL to form now Virgin Media)
*Thames Water (acquired by RWE and then sold to Macquarie Bank)
*The Energy Group (acquired by Texas Utilities and then by E.ON UK)
*Thorn (merged with EMI to form Thorn EMI then demerged and acquired by Nomura Group)
*Thorn EMI (renamed EMI Group and then acquired by Terra Firma Capital Partners)
*Thus
*TI Group (acquired by Smiths Group)
*Tomkins
*Trafalgar House (acquired by Kværner)
*TSB Group (merged with Lloyds Bank to form Lloyds TSB)
*Trusthouse Forte (acquired by Granada plc)
*Ultramar (acquired by LASMO and now part of Eni)
*Unigate (remaned Uniq plc)
*United Biscuits (acquired by consortium of financial investors)
*United Business Media
*Warburg SG (acquired by Swiss Bank Corporation, now part of UBS AG)
*Wellcome (merged with Glaxo to form Glaxo Wellcome, then with Beecham to form Glaxo Beecham, now part of GlaxoSmithKline)
*W H Smith
*William Hill (bookmaker)
*Williams Holdings (demerged into Kidde and Chubb Security, both now part of United Technologies Corporation)
*Willis Corroon (renamed Willis Group)
*Willis Faber (renamed Willis Coroon and then Willis Group)
*Woolwich (acquired by Barclays Bank PLC)
*Yell Group
*Zeneca (merged with Astra to form AstraZeneca)

"source: PDFlink| [http://www.ftse.com/Media_Centre/Downloads/FTSE_100_Constituent_History.pdf FTSE: FTSE 100 Constituent Changes] |56.6 KB"

FT 30

The oldest continuous index in the UK, the FT 30, also known as the Financial Times Index or the FT Ordinary Index, [The History Channel [http://www.thehistorychannel.co.uk/site/encyclopedia/article_show/Financial_Times_Index_/m0006128.html Financial Times Index] . Retrieved 2008-08-08] which began in 1935 is now largely redundant. Of the original constituents [ [http://www.ft.com/cms/78c12166-0773-11db-9067-0000779e2340.html Original constituents] ] , two are currently in the FTSE 100: Imperial Tobacco and Rolls Royce, although Rolls Royce has not been continuously listed and Imperial Tobacco was a subsidiary of Hanson plc for a number of years. ICI was removed when it was taken over by Akzo Nobel in January 2008. A further three are still listed but not in the FTSE 100: Guest Keen & Nettlefolds (GKN), Tate & Lyle and Woolworths, although Woolworths has also not been continuously listed. Two of the original FT 30 companies are still in that index [ [http://www.ft.com/cms/28e9d8dc-0781-11db-9067-0000779e2340.html Remaining companies in the FT30] ] : GKN and Tate & Lyle (membership is not strictly based on market capitalisation, so this does not mean they are necessarily among the top 30 companies in the FTSE 100). The best performer from the original line-up has been Imperial Tobacco. [Eckett, Stephen (ed.) (2004), "The UK Stock Market Almanac 2005", Petersfield, Harriman House. ISBN 1-897597-46-0]

References

See also

* FTSE 250 Index
* FTSE techMARK 100
* Stock market index
* Dow Jones
* DAX
* AEX index

External links

* [http://www.ftse.com/ FTSE Group website]
* [http://www.ftse.com/objects/csv_to_table.jsp?infoCode=100a&theseFilters=&csvAll=&theseColumns=Mw=&theseTitles=&tableTitle=FTSE%20100%20Index%20Constituents&p_encoded=1 FTSE100 Constituents Direct from FTSE Group website]
* [http://uk.finance.yahoo.com/q/cp?s=%5EFTSE FTSE 100 Index] on Yahoo Finance
* [http://business.guardian.co.uk/story/0,,2146415,00.html List of biggest one day falls in value of FTSE 100 ]