Previous close | 8,040.36 |
Open | 8,064.32 |
Volume |
Day's range | 8,052.57 - 8,111.17 |
52-week range | 6,773.82 - 8,253.59 |
Avg. volume | 58,710,014 |
London's FTSE-100 hit a record high on Tuesday, raising hopes that Britain's stock market might finally be shaking off years of underperformance as investors look for bargains and UK growth picks up. Months after rival indexes across the world started chalking up records, Britain's benchmark stock index touched a new peak of 8,076.52, surpassing its previous high from February 2023. The new peak brings this year's gains for the FTSE 100 to 4% - still behind the 6% rise in the pan-European STOXX 600, as well as France's CAC 40 and Germany's DAX, which are up 7.5% and 7.8% respectively.
Tesla is the stock to watch as it reports earnings after the bell on Monday.
European stocks marched higher on Monday in line with a recovery in global sentiment amid fading geopolitical tensions, with investor attention turning to economic data and corporate earnings due in the coming days. London’s FTSE 100 rose 1.5% with the Paris CAC 40 up 0.1%. “The FTSE 100 has spring in its step at the start of the week, amid an easing of geopolitical tensions,” said Susannah Streeter, an analyst at broker Hargeaves Lansdown.