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So far, the blue-chip FTSE 100 index hasn’t had a great start to the year. The index has lost 3.6% since the market closed on 29 December. That’s a loss of shareholder value of around £72bn.
What’s more, London’s main market index is down 3.7% over the past 12 months, but has gained 9.5% over the last five years. That’s a long way behind the gains of other major stock markets.
Though the Footsie is down only 1.6% over the last five days, there have been some sharp price movements among the index’s constituent shares.
As it happens, only 18 FTSE 100 shares have gained in value over the past week. These increases range from 0.1% to 3.9%, with the average rise being 1.3%.
All the action is at the other end of the scale, with 82 shares losing ground. These losses range from 0.1% to 15.4%, with the average drop being 3.9%.
FTSE flops
For the record, these are the…
