UK’s FTSE 100 hits record high as favourable data boosts sentiment
Malay Mail Online - Money·2024-05-04 15:02
\LONDON, May 4 — Britain’s FTSE 100 hit a fresh record high today, led by gains in homebuilder stocks, while softer-than-expected US jobs data boosted investor sentiment.
The blue-chip FTSE 100 ended the session up 0.5 per cent, after hitting a fresh record high of 8,213.49 points earlier in the day. The FTSE 250 touched its highest levels since February last year and ended 0.6 per cent higher. Both indexes registered a second straight week of gains.
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