the FTSE index™
noun/ðə ˈfʊtsi ɪndeks/
/ðə ˈfʊtsi ɪndeks/
(also the FT index
[singular]/ði ˌefˈtiː ɪndeks/
/ði ˌefˈtiː ɪndeks/
, the Financial Times index, the Footsie™)- a figure that shows the relative prices of shares on the London Stock ExchangeCultureThe FTSE Index™, also known as the Footsie, refers especially to the FTSE 100-Share Index, which is the best known of the Financial Times Indices. It gives the share values of the 100 largest British companies every day. It is used to indicate the state of the British financial markets.Topics Moneyc2Word OriginFTSE, abbreviation of Financial Times Stock Exchange.
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the FTSE index™