The FTSE 100 Index, often referred to as the “Footsie,” is a significant benchmark for the UK stock market. Consisting of the top 100 companies listed on the London Stock Exchange based on market cap, the FTSE 100 Index provides insights into the performance of the UK’s largest publicly traded companies.

What is the FTSE 100 Index?

The FTSE 100 Index represents a diverse range of sectors, including finance, energy, consumer goods, healthcare, and more. It serves as a barometer for tracking the overall health and performance of the UK stock market. Investors often monitor the FTSE 100 Index to gauge market trends.

Top 10 Companies by Share Price in the FTSE 100 Index:

(The following data is as of 26th Mar, 2024.)

1. Flutter Entertainment PLC

With a share price of 17,285 GBX, Flutter Entertainment is a leading global sports betting and gaming operator.

2. AstraZeneca PLC

AstraZeneca, with a share price of 10,394 GBX, is a renowned pharmaceutical company focused on developing innovative treatments for various medical conditions.

3. Spirax-Sarco Engineering PLC

Spirax-Sarco Engineering, with a share price of 10,120 GBX, specializes in providing engineering solutions for the control and efficient use of steam and other industrial fluids.

4. London Stock Exchange Group PLC

With a share price of 9,578 GBX, the London Stock Exchange Group is a key player in the financial market, operating various trading platforms and providing financial services.

5. Next PLC

Next, with a share price of 9,210 GBX, is a prominent fashion retailer with a strong presence in the UK and internationally.

6. InterContinental Hotels Group PLC

InterContinental Hotels Group, with a share price of 8,178 GBX, is a leading global hospitality company, owning popular hotel brands across the world.

7. DCC PLC

DCC, with a share price of 5,680 GBX, is an international sales, marketing, and support services group with diverse operations across sectors such as energy, healthcare, and technology.

8. Ashtead Group PLC

Ashtead Group, with a share price of 5,566 GBX, is a multinational equipment rental company, providing a wide range of construction and industrial equipment.

9. Rio Tinto PLC

Rio Tinto, with a share price of 5,013 GBX, is a global mining company engaged in the exploration, production, and processing of various minerals and metals.

10. Croda International PLC

With a share price of 4,940 GBX, Croda International is a specialty chemicals company that develops and manufactures ingredients for various industries, including personal care, healthcare, and more.

How to Invest in UK Stocks and Shares:

Investing in UK stocks and shares involves several steps. Here’s a general guide to help you start:

Determine your investment goals and risk tolerance: Clearly define your financial objectives and assess how much risk you are willing to undertake.

Research and select a stockbroker: Choose a reputable brokerage for stocks that aligns with your investment needs and offers a user-friendly trading platform, competitive fees, and reliable customer support.

Open a brokerage account: Complete the account opening process with your chosen stockbroker, providing necessary identification and financial information.

Conduct thorough research: Evaluate companies, review financial statements, and stay informed about market trends to make well-informed investment decisions.

Develop an investment strategy: Define your investment approach, such as long-term investing, value investing, or growth investing, based on your goals and risk profile.

Execute trades: Use the trading platform provided by your stockbroker to buy and sell shares of the companies you have chosen.

Monitor and review your portfolio: Regularly assess the performance of your investments, stay updated with market news, and make necessary adjustments to your portfolio as needed.