TechMARK - Launched November 1999. This market groups together technology companies from across the main market. It has its own indices, the FTSE techMARK 100 and the FTSE techMARK Allshare.
An index launched in 1999 with a base figure of 2,300 points by the London Stock Exchange to reflect the growth at that time in internet and technology stocks. To be included, a company must be listed on the exchange, and must be committed to technological innovation. It includes biotechnology companies as well as net stocks and software companies.There are in fact two TechMARK indices. The TechMARK all-share which has about 220 members. More closely followed is the TechMARK 100 which has an upper market cap limit of Ј4 billion (thus excluding large caps like Vodafone Airtouch) and which is slanted towards mid-cap and smaller company stocks.More details are available from the techMARK helpline 020 7797 2000 or on http://www.londonstockexchange.com.
TechMARK : launched november 1999. this market groups together technology companies from across the main market. it has its own indices, the ftse techmark 100 and the ftse techmark allshare.
an index launched in 1999 with a base figure of 2,300 points by the london stock exchange to reflect the growth at that time in internet and technology stocks. to be included, a company must be listed on the exchange, and must be committed to technological innovation. it includes biotechnology companies as well as net stocks and software companies.there are in fact two techmark indices. the techmark all-share which has about 220 members. more closely followed is the techmark 100 which has an upper market cap limit of Ј4 billion (thus excluding large caps like vodafone airtouch) and which is slanted towards mid-cap and smaller company stocks.more details are available from the techmark helpline 020 7797 2000 or on http://www.londonstockexchange.com.