FTSE 100 Index
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie", is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chips listed on the London Stock Exchange.
Some of the key events about FTSE 100 Index
- 1984The FTSE 100 Index was launched, providing a benchmark for the UK stock market
- 1986The "Big Bang" deregulation of financial markets boosted trading volumes and liquidity
- 1987The index experienced a significant crash, losing 23% of its value in a single day during "Black Monday"
- 1999The index reached its first major milestone of 6,000 points
- 1999Several traditional manufacturing companies were removed from the index, signaling a shift away from Britain's industrial base
- 2000The FTSE 100 hit an all-time high of 6,950.6 points during the dot-com boom
- 2000The FTSE 100 reached its peak before the dot-com bubble burst, leading to substantial losses
- 2001The index suffered major losses following the September 11 terrorist attacks
- 2003The FTSE 100 hit its lowest point in years due to the aftermath of the dot-com crash and geopolitical tensions
- 2007The index surpassed 6,700 points, reflecting strong economic growth
- 2008The index experienced severe declines during the global financial crisis
- 2009The FTSE 100 rebounded strongly after the financial crisis, gaining over 22% for the year
- 2013The index surpassed its pre-financial crisis peak, signaling economic recovery
- 2015The FTSE 100 reached a new record high of 7,103.98 points
- 2016The FTSE 100 saw significant volatility following the Brexit referendum result
- 2017The index closed at a record high of 7,687.77 points
- 2020Despite the pandemic, the FTSE 100 demonstrated resilience and recovered significantly by year-end
- 2020The index suffered its second-largest one-day fall in history due to the COVID-19 pandemic and oil price war
- 2022The FTSE 100 underperformed compared to other major global indices, reflecting concerns about the UK economy
- 2023The index faced criticism for its lack of representation of the broader UK economy and technology sector
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
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