Can the FTSE 100 break 7,000 this year?

Can the UK's largest index by market cap break 7,000 this year?

clock • 4 min read

Rebecca Jones asks advisers whether the UK's flagship index will find the strength and momentum to outgrow its smaller peers in 2014.

Ian Brady Cio, Oaktree Wealth Management The FTSE 100 would need to advance a little less than 4% from its 2013 year-end close to breach 7,000 in 2014. Thus, even with a multiple contraction due to US tapering and/or UK interest rate fears, this magnitude of advance does not seem improbable. The FTSE 100 has been the laggard index of the last two years, significantly trailing the FTSE All Share and truly being left in the dust by the small- and mid-cap indices. This makes it significantly cheaper than other smaller indices on a price to earnings basis. Those with long memories will ...

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