The FTSE Group (informally called the "footsie") is a joint venture between the Financial Times of London and the London Stock Exchange. The acronym FTSE stands for Financial Times and Stock Exchange and the group's indices …
There’s been a lot of chatter about the UK vote to leave the EU (Brexit). Most of the talk last week was negative as the British Pound cratered. However, that negativity has been muted into the holiday weekend as stocks have rallied higher. …
Despite being headquartered in the UK, it is well-known that many of the companies are managed outside the country and often are not investing in the UK economy. Heading up the index are multinationals BP, RoyalDutchShell, Vodafone …
Stock markets across Europe soared as traders reacted to the defeat of an anti-EU candidate in Dutch elections and the latest interest rate announcement from the US central bank. The Federal Reserve accompanied its latest rate rise this …
A slightly puzzling piece over in the Wall Street Journal musing on the odd way in which the FTSE 100 stock index (similar in concept to the S&P 500 in the US) and the fortunes of the UK economy itself seem to be diverging. The puzzlement …
[nL5N1KG132][nL5N1KG1I7] (Reporting by Helen Reid and Danilo Masoni; editing by Mark Heinrich) ((Helen.Reid@thomsonreuters.com; +44 20 7542 0402;)) (( For related prices, Reuters users may click on - * UK stock
BOSTON/SAN FRANCISCO (Reuters) - FTSE Russell said on Wednesday it planned to exclude Snap Inc (NYSE: SNAP) from its widely followed stock indexes because the owner of the Snapchat messaging app has an unusual share …
One of the world’s largest index compilers has told companies that don’t give enough of a voice to ordinary shareholders that they may be booted from its benchmarks. The move further flames the debate over whether so-called dual-class …