Question Bank - Banking & Financial Services

Here's the question bank on all the banking & financial services topics.

The Stock Market Index of London Stock Market is referred as

A.
Brent
B.
Sensex
C.
Footsie (FTSE)
D.
NIFTY

Solution:

The correct answer is Footsie(FSE). The FTSE 100 Index ("footsie") is the main share index of the 100 most highly capitalized UK companies listed on the Main Market. It follows the capitalization-weighted method. It has a market capitalization of around 2. 054 trillion pounds. The FTSE was founded in 1801, making it one of the oldest exchanges in the world. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. It is part of the London Stock Exchange Group (LSEG). LSEG was created in October 2007 when the London Stock Exchange merged with Milan Stock Exchange, Borsa Italiana. Additional Information CountryStock ExchangeIndiaSENSEXIndiaNIFTYUnited Kingdom and NorwayBrent Crude oil

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