FTSE 100

According to Readhead (2008) the FTSE 100 index, commonly called footsie, is a share index of the 100 capitalized British companies listed on the Stock Exchange. The FTSE was created and on 3rd January 1984. Its key indicator is the FTSE 100; the index has a base level of 1000. Companies in the index account for 70% of the total capitalization of the stock market in London, the values are weighted by capitalization criteria and its composition is reviewed quarterly.

Since the performance of smaller company shares can differ substantially from that of large company shares, the focal point of the FTSE 100 on capitalized companies means that it does not totally reflect the behaviours of the stock market as a whole. The FTSE 100 is also commanded by a small figure of industries: telecommunication, oil, pharmaceuticals, and financial sector companies. This tendency towards a few sectors reduces the ability of the FTSE100 to reflect the whole market, cited by Readhead (2008).

There is others FTSE indexes known in the market like the FTSE 350 Index, the FTSE 250 Index, FTSE Fledging and the FTSE SmallCap index,  cited by Readhead (2008).

The FTSE 100 for the First Group PLC company is show bellow:

Source: First Group Company PLC (2012)

BIBLIOGRAPHY 

Book:

• Readhead, K. (2008) "Personal Financial and Investment " First Edition. Routledge. USA.

First Group plc Introduction

FRIST GROUP COMPANY

                                                     Source: First Group Company (2011)    

    First  Group  Company is first of its kind operating in the United Kingdom and enjoying a very good repute in  the hospitality industry of the country. The Company is basically involved in providing transport services to the different types of groups for almost every purpose, cited by First Group Company (2012). 

Event  Management  is also  one of the main functions of the company.  First Group Company is specialized in providing the traveling services to all size of groups. Organization also has the ability to accommodate groups consisting of hundreds of people. It is playing its vital and effective role in promoting tourism not only within the United Kingdom but also all over the world. First Group Company is also specialized in arranging different student transportation, coach services, bus operator and rail network. Each year millions of people in the United Kingdom use the services of the company to make their journey comfortable, safe and full of fun, cited bye First Group Company (2012).

The management of the company is very much specialized in their respective fields. The vast experience of management and their specialization in the hospitality industry make the customers feel good and satisfied from the services provided by the organization. All the above factors contribute towards the operational efficiency of the company and no doubt the company is very efficient in its functions, cited by First Group Company  (2012).

As it is very well aware that the First Group Company is listed in the London Stock exchange and most of the capital company is made up is from the sale of its shares in the market. There are millions of investors that have the stake in the First Group Company. Based on the performance of the company, the situation of the market, company internal management changes, the performance of the competitors share price of the company fluctuate in the London Stock Exchange, cited by First Group Company (2012).

BIBLIOGRAPHY

    WEBSITE

•  First Group Company (2012) “Interim Report 2011” [online] Available at: http://www.firstgroup.com/corporate/investors/annualreports.php Accessed   ( 5th February 2012).
•     First Group Company (2012) " Latest News"  [online] Available at: http://www.firstgroup.com/corporate/latest_news/  Accessed ( 29th February 2012).

FirstGroup PLC