What is the UK Financial Times Stock Exchange 100?

The UK Financial Times Stock Exchange 100, commonly known as the FTSE 100, is a leading stock market index in the UK. It represents the performance of the 100 largest companies listed on the London Stock Exchange, spanning various industries such as finance, energy, consumer goods, and technology. The index serves as a barometer for the UK economy, reflecting its overall health and providing investors with a valuable tool to track market trends.