Home / Royal Mail / Buoyant FTSE 100 at five-month high | Business

Buoyant FTSE 100 at five-month high | Business

London’s leading shares rose for the eighth session in a row yesterday as a wave of vaccine optimism continued to wash over the Square Mile.

Energy was the top-performing sector as oil prices rose again after producers backed Opec’s curb on output

The FTSE 100 rose 85.25 points, or 1.35 per cent, to 6,382.10, its highest level for five months. The index is on its longest winning streak since the post-election rally last December and has gained 14 per cent already this month.

Analysts at Goldman Sachs, the investment bank, had thought that the FTSE 100 would finish next year at around where it is now. However, they now expect the list of London’s biggest publicly quoted companies to finish 2021 at closer to the


Source link

About admin

Check Also

New York Common Earmarks Nearly $3B in Investments in August

The New York State Common Retirement Fund made close to $3 billion in commitments in …

Leave a Reply

Your email address will not be published. Required fields are marked *