FTSE hits 15-year high to bring record into sight

Alice Rigby
clock

The FTSE 100 is within sight of its all-time high after closing at its highest level for 15 years on Tuesday.

The index gained 41 points, or 0.6%, to close at 6,898 yesterday, its second-highest close ever and the highest since December 1999. Stocks then opened higher again this morning on news that Greece's new government is to ask for a six-month bailout extension, a move that would ease tensions with creditors following days of negotiations. The FTSE stood up 0.2% at 6,910 in early trading today, its highest intra-day level since 1999. Having surpassed the near-term closing high of 6,878 set last September, the index is once again in sight of the record close of 6,930 reached at the ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

2025 investment trends: The updated reality in wealth management

2025 investment trends: The updated reality in wealth management

'The future of wealth management will lie in personalisation'

Julia Khandoshko
clock 16 January 2025 • 4 min read
UK inflation lowers to 2.5% in December

UK inflation lowers to 2.5% in December

Down from 2.6% in November

Sorin Dojan
clock 15 January 2025 • 2 min read
'It's a challenging time': Advisers react to record gilt yield rises

'It's a challenging time': Advisers react to record gilt yield rises

Clients worried about a weakening UK economy

Isabel Baxter
clock 13 January 2025 • 5 min read