Justin Urquhart Stewart Weekly Update – A Foolish FTSE

Justin is one of the most recognisable and trusted market commentators on television, radio, and in the press.

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Originally trained as a lawyer, he has observed the retail market industry for 20 years whilst at Barclays Stockbrokers and developed a unique understanding of the market’s roles and benefits for the private investor.

Each week we will bring you Justin’s latest thoughts and commentry.

A FOOLISH FTSE – Read the full article here.

I find it faintly foolish that the main index that is quoted to us every night is one that has only the vaguest connection with the country it is purported to reflect or represent. The FTSE100 is merely a listing of the largest companies (by capital value) that are listed on the London Stock Exchange. One could quite sensibly surmise that the UK’s main index would thus have a significant proportion of UK related businesses, and reflect an equally significant proportion of the UK economy.

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