FTSE 100 Index

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Image:FTSE.PNG The FTSE 100 Index (pronounced footsie) is a share index of the 100 largest companies listed on the London Stock Exchange and which meet a number of requirements set out by the FTSE Group. The requirements include 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.

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 2005, the threshold for inclusion is about 2 billion pounds. As of November 2005 the largest 6 constituents of the index were BP, Royal Dutch Shell, HSBC Holdings, the Vodafone Group, the Royal Bank of Scotland Group and GlaxoSmithKline, which were all 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.

1 List of FTSE 100 Index Companies
2 Market capitalisation
3 See also
4 External link

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List of FTSE 100 Index Companies

This list is up to date at 8 March 2006 and reflects the removal of P&O as it has been taken over. It was replaced by Corus Group. For the first time in 10 years there were no alterations in the March quarterly review. [1]

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.

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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 Bank	39,538
9	HBOS	38,439
10	Anglo American	29,341
11	Rio Tinto Group Template:Mn	28,244
12	British American Tobacco	27,618
13	Lloyds TSB	27,181
14	Tesco	26,035
15	Diageo	24,898
16	BHP Billiton Template:Mn	23,434
17	BG Group	20,306
18	BT Group	18,980
19	O2	17,322
20	Standard Chartered	16,983
21	Unilever Template:Mn	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

Notes:

Template:Mnb: Rio Tinto Group is a dual listed company. The figure shown represents only the majority stake owned by Rio Tinto Plc.
Template:Mnb: BHP Billiton is a dual listed company. The figure represents only the minority stake owned by BHP Billiton Plc.
Template:Mnb: Unilever is a dual listed company. The figure represents only the minority stake owned by Unilever Plc.

Source: File linked from 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.

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