Previous close | 8,147.03 |
Open | 8,147.03 |
Volume |
Day's range | 8,138.14 - 8,199.95 |
52-week range | 7,215.80 - 8,199.95 |
Avg. volume | 1,128,642,837 |
Stock market valuations are usually wrong. Just because a company’s shares have risen significantly does not necessarily mean it is an attractive or sound business. It simply means it is popular among investors at that particular moment in time. Likewise, stocks that have fallen heavily in price are not necessarily low-quality companies. They are in fact just unpopular among the investment herd at a specific point in time.
Taxpayers will cover £85bn of losses made by the Bank of England on its quantitative easing programme which began during the global financial crisis, according to the latest estimates.
London stocks outperformed in European trading on Tuesday, hitting record highs, as stocks in the euro zone lagged despite upbeat economic data pointing to slowing inflation and better-than-expected economic growth. London’s FTSE 100 advanced 0.5% while the Paris CAC 40 lost 0.1%. “The FTSE 100 has set off on a climb higher, nudging ahead again on a record-breaking run,” said Susannah Streeter, an analyst at broker Hargreaves Lansdown.