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This Article is From Jul 06, 2016

U.K.’s FTSE 100 Has Lagged Non-EU Europe Gauges Since ’93: Chart

U.K.’s FTSE 100 Has Lagged Non-EU Europe Gauges Since ’93: Chart

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(Bloomberg) -- Since the Maastricht treaty came into force in November 1993 and gave birth to the European Union, Britain's FTSE 100 Index has trailed the regional Euro Stoxx 50 Index and the benchmark gauges of non-EU members Switzerland and Norway. In dollar terms, the U.K. measure's 85 percent gain compares with a 355 percent jump for the Swiss Market Index and a 435 percent rally in the OBX Index. In local currencies, the latter two have surged twice as much as or more than the FTSE 100.

To contact the reporter on this story: Cecile Vannucci in London at cvannucci1@bloomberg.net. To contact the editors responsible for this story: Cecile Vannucci at cvannucci1@bloomberg.net, Namitha Jagadeesh, Sheldon Reback

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