Previous close | 17,860.80 |
Open | 17,861.20 |
Volume |
Day's range | 17,861.20 - 18,144.66 |
52-week range | 14,630.21 - 18,567.16 |
Avg. volume | 72,958,709 |
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.
UK's blue-chip index set a record high on Monday as a falling pound boosted corporate valuations. In the US, markets opened higher with Big Tech earnings in view.