Time For A Stock Market Index Of Scottish Companies?

[MarkB]

While it has been suggested on numerous occassions, I have yet to see anything concrete, but is it time to create a stock market index of Scottish companies? A useful way to measure the success of Scottish companies or another tool with which to split the UK?

https://www.london.edu/news-and-eve...-stocks-the-scotsie-100-unveiled#.WnuSw3ykLIU

 

[Businessman]

I think it might be a useful thing for some enterprising IT tech with time on their hands to do. We do live in a world where the tail of (often vacuous) statistics wag the dog of reality. And, if done in a truly honest and objective way - which I don't think was what happened in relation to that article - the analysis might give a clue to 'something'. - What, exactly, I'm unsure...

 

[MarkB]

It might give a general trend for Scottish based companies but they are likely to have most of their sales outside of Scotland so, as you say, it will show something but not sure what.

 

[Businessman]

As you might expect I'm also uncomfortable with the notion that watching the statistical performance (which in itself is easily pauchled) of a tiny minority, actually reflects the reality of Scottish (or for that matter British) business...