The FTSE 350 Index is a stock market index that includes both the FTSE 100 and the FTSE 250. The FTSE 100 represents the top 100 companies by market capitalisation, while the FTSE 250 comprises the next 250 companies. Together, they form the FTSE 350, which comprises 350 stocks listed on the London Stock Exchange (LSE).
This index is updated by the Financial Times Stock Exchange (FTSE), and is owned by the London Stock Exchange Group, based in the United Kingdom. This group provides indexes to financial markets around the world, which evaluators can use as a global reference.
The FTSE 350 share price today is 4,517.25, which shows a slight decrease of 0.16%. In addition, we have an updated list of the biggest risers and fallers in the FTSE 350.
FTSE 350 Index 5-day chart
Top 5 on the rise:
- BARCLAYS PLC (2.12%)
- Abrdn plc (1.90%)
- Pennon Group (1.85%)
- Alfa Financial Software Holdings Ltd (1.67%)
- Close Brothers plc Group (1.45%)
Top 5 Falleros:
- PLC Gender (GNS) (-5.15%)
- ANTO Antofagasta PLC (-3.38%)
- FOUR Group 4imprint PLC (-2.27%)
- OXIG Oxford Instruments PLC (-1.71%)
- PCT Polar Capital technology Trust Plc (-1.63%)
FTSE 350 Market Overview
Recent moves within the FTSE 350 index highlight the dynamic nature of market performance. For example, Ocado Group PLC (LSE:OCDO) has gained 8% and a further 14% over the past 5 days.
If Hargreaves Lansdown PLC (LSE:HL), which fell again in the FTSE 250 last year, attracts bid interest, it is expected to recover. At the same time, residential developer Vistry Group PLC, formerly Bovis, will be among the FTSE 350's fallers, with its shares down 4.5% today.
US stocks
Most stocks on Wall Street opened higher despite the Dow Jones industrial average falling 0.25% due to problems with health sector stocks.
The Nasdaq Composite rose 0.2%, with Nvidia's nearly 5% gain the main driver behind the Nasdaq. On the other hand, the S&P 500 traded higher at first but then stagnated.
Apple, Alphabet and ASML are the only ones with positive signs on the Nasdaq, although they are not the only ones in the Nasdaq top 15. Along with the FTSE 100, the main European decliners are also in the negative, mainly upwards. The DAX is close to the line, while the French CAC is at its worst, losing 0.6%.
Steps to trade or invest in the FTSE 350 index
You can choose one of two options to open a position to trade the FTSE 350. They will give you the exposure to hold a portfolio of 350 stocks in a single position.
First, use a shared currency account to buy and own physical shares of the FTSE 350 index on the LSE. It is also possible to invest in ETFs related to the FTSE 350 index.
Another way to trade is through derivatives such as spread betting and CFDs. These tools allow for simple betting and are essential for speculating in both bullish and bearish markets. They also require you to use a call option to close out.
FTSE 350 Index Analysis 2024
Last year, interest rates did not reach their highest level until August, if at all. Once again, the UK stock market performed poorly, especially for smaller companies, with the FTSE 350 losing 3.8% of its value. By contrast, the economy has proven to be more robust than initially believed.
The FTSE 350 homeware and housebuilding sector has so far posted a 16% gain over the past year. Meanwhile, the average retailer is close to a double-digit return.
However, while we must analyse the index sector by sector, we must remember that in-depth research is always necessary. When examining any ranking on these pages, the risks of the past year will become apparent. The tendency to condemn the UK market at the end of the year has been a consistent principle for more than a year.
To get a rough idea of this, consider the average price return of the top 20 stocks in the index over the past year.
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