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Home > Business & Finance > What do points actually mean on the FTSE 100?

What do points actually mean on the FTSE 100?

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theforce | 08:44 Fri 10th Oct 2008 | Business & Finance
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Is it correct that the term 'point' effectively means one pound in relation to the FTSE 100? eg if the index falls by 20 points - it means the collective value of all companies stock has fallen by 20 pounds?
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Avatar Image mischief121
points make prizes
08:52 Fri 10th Oct 2008
Avatar Image factor-fiction
It's an index measuring the price of a basket of shares of the top 100 companies. The percentage fall is a better measure of teh size of any reduction/increase. Or look at the individual share prices.
08:53 Fri 10th Oct 2008

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