FTSE 100 set a new all-time high, closing at 8,023.87 points, driven by energy and retail stocks.
The FTSE 100 reached a new all-time highest closing price, surpassing its previous record due to improved market conditions and geopolitical tensions easing. The index closed 1.62% higher at 8,023.87 points on Monday, marking a record. The blue-chip index received a boost from energy and retail stocks, including Sainsbury's, Marks & Spencer, Tesco, and Ocado. The UK's top stock market index has benefited from recent drops in the pound, amid mounting expectations for UK interest rate cuts.
April 22, 2024
29 Articles