I'd like to cancel a cheque http://femjoy.in.net/ femjoy Ian Williams, a strategist at Peel Hunt, attributed the shift to the changing composition of the FTSE 100, which accounts for 85pc of the total value of the stock market. "The companies that dominate the UK market are London-listed but certainly not London-based," he said. "The resource sector would be the obvious example. We havent got as many miners in the index as we did six months ago, but that's certainly distorted the top end of the market."