| The FT30 index is based on the share prices of 30 British companies from a wide range of industries. The index, which began in July 1935, is the oldest continuous index in the UK and one of the oldest in the world. It was designed to test the feel and changing moods of the equity market as reflected in prices of the leading and most actively traded shares. The index was started by the 'Financial News', one of the modern FT's parents. It was the barometer of investor sentiment in the City of London until the FT Actuaries series was launched in 1962 and the FTSE 100 'Footsie' in 1984. It was originally called the FN (then the FT) Ordinary index.
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