FTSE 100

[brir]

Record high today. Any logic to it, or is it just a lottery?

FTSE 100 hits record high

Blue-chip stock index rises above previous record of 7,903 set in May 2018

www.theguardian.com

 

[The Pensioner]

Record high today. Any logic to it, or is it just a lottery?

FTSE 100 hits record high

Blue-chip stock index rises above previous record of 7,903 set in May 2018

www.theguardian.com

Been on the general climb since October, but also interest rates up again, and pound dropped v the Dollar again.

 

[brir]

Been on the general climb since October, but also interest rates up again, and pound dropped v the Dollar again.

So good going forward you reckon, or still a rolla coaster?

 

[Roaring Chubby]

Been on the general climb since October, but also interest rates up again, and pound dropped v the Dollar again.

Depressing as fuck vs the euro. Seems like we need to get used to 1.10 to 1.20 for the foreseeable. I remember when it was up at 1.60.

 

[Longy]

Record high today. Any logic to it, or is it just a lottery?

FTSE 100 hits record high

Blue-chip stock index rises above previous record of 7,903 set in May 2018

www.theguardian.com

There’ll be many many times it hits record highs in future. Indices go up over time, might fluctuate in the short term.

 

[joemcdokes]

Haway the oil!

 

[Select coaches]

Haway the oil!

Exactly lots of miners oil and old school shares that are in vogue atm

 

[MackemBob]

Depressing as fuck vs the euro. Seems like we need to get used to 1.10 to 1.20 for the foreseeable. I remember when it was up at 1.60.

Excellent for exports.

 

[Roaring Chubby]

Excellent for exports.

Haway the Euro

 

[The Great Soprendo]

Dollar strong, makes British companies more attractive to buy, FTSE goes up. Basically.

 

[Ghfd]

Just a betting exchange but for higher stakes

 

[The Pensioner]

So good going forward you reckon, or still a rolla coaster?

Rolla Coaster.

 

[Darlo1973]

Over 8000 for the first time

FTSE 100 hits 8,000 points for first time as recession fears ease

The index of largest companies listed on the London Stock Exchange reaches its highest level

www.theguardian.com

Mainly driven by overseas earning from multinationals listed in London. Valuations then look good when converted into Sterling due to the weakness of the pound.

 

[Luna17]

Depressing as fuck vs the euro. Seems like we need to get used to 1.10 to 1.20 for the foreseeable. I remember when it was up at 1.60.

I remember when there was 2.20 dollars to the pound

 

[Marseilletractor]

Depressing as fuck vs the euro. Seems like we need to get used to 1.10 to 1.20 for the foreseeable. I remember when it was up at 1.60.

Anything to do with ECB keeping the rate artifically low, pumping billions of euros into the system each month buying up junk debt , 1.60 or 1.74 ( when i arrived ) was far too high for the club med and Eastern European countries .

 

[Temp0101]

Worth a read.

The FTSE 100 just passed 8000, a new record. What does that mean for you?

London shares are at an all-time high. Why? And who benefits?

www.standard.co.uk