UK’s FTSE 100 hits record high
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British stock index FTSE 100 today, February 3, at the close of trading settled at around 7901.8 points. At the auctions during the day it reached 7907.35 points. This is both an absolute closing record and an intraday high.
FTSE 100 – Financial Times Stock Exchange Index – is a stock index that includes the most valuable shares of 100 companies listed on the London Stock Exchange. Considered one of the most respected stock indicators in Europe, it has been calculated since 1984.
Interviewed The Guardian experts attribute the growth of the index to a number of market factors. These include the rapid “opening up” of China amid the easing of anti-COVID restrictions, mild weather conditions in Europe, regarded by investors as one of the guarantees of stability in the energy market, and the fall in the value of the pound.
“The London Stock Exchange index includes many firms that export products abroad. So a weaker pound is helping them as these goods become cheaper for foreign buyers,” analysts said. BBC.
The previous FTSE 100 growth record was recorded on May 22, 2018. Then the index closed at 7877.45 points.
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