UK's FTSE 100 rallies to set record intraday high



Oct 11 Britain's internationally-exposed FTSE 100 shares index rose to a record intraday high on Tuesday, helped by more weakness for sterling on currency markets.
The FTSE 100 rose as much as 0.5 percent to a record intraday high of 7,129.83 points, before settling back a touch to stand 0.4 percent higher by 1120 GMT. Its previous record intraday high stood at 7,122.74 points set in April 2015.
In the U.S. dollar terms, the FTSE 100 is still down 6 percent this year.
The FTSE 250 mid-cap index, whose companies are more exposed to the domestic UK economy, rose 0.8 percent and was also near... read more

 
11 October 2016 in World News, Views: 33
Source: Reuters
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