EVRAZ plc (EVR) Rises 2.62% on Dec 23

Date: Dec 24, 2018

Shares of EVRAZ plc (LON:EVR) last traded at 485.7, representing a move of 2.62%, or 12.4 per share, on volume of 3.71M shares. After opening the trading day at 476.6, shares of EVRAZ plc traded in a close range. EVRAZ plc currently has a total float of 14.43 million shares and on average sees 3.13M shares exchange hands each day. The stock now has a 52-week low of 330.5 and high of 589.6.

FTSE 100 Index: Driving The U.K.

The Financial Times Stock Exchange 100 Index (FTSE 100 Index) or FTSE 100 for short, is the benchmark index of the top 100 largest and most liquid stocks on the London Stock Exchange (LSE). As such, the index is market capitalization-weighted and free-float adjusted. FTSE 100 is operated by FTSE Group, a unit of London Stock Exchange Group.

A large component of the index is made up of foreign companies listed on LSE. So while the index tracks the LSE’s blue-chip stocks, it is considered a weak representation of the U.K.’s economy because of its large foreign constituency.

For investors interested in tracking the health of the U.K. economy, the FTSE 250 is a better guide because it is dominated by domestic U.K. companies.

Components of FTSE 100 make up more than 80% of LSE’s entire market capitalization and that partly explains why it is a widely used gauge of the U.K.’s stock market. However, a more comprehensive indicator is the FTSE All-Share Index, which is broader as it aggregates FTSE 100, FTSE 250 and other small-cap stocks on the LSE.

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