The FTSE 100 traded almost 1% higher on Friday, driven by positive data indicating a stronger-than-expected rebound in the UK economy in November. ONS figures showed the UK expanded 0.3% month-over-month in November, rebounding from a 0.3% fall in October and beating market forecasts of a 0.2% rise. Precious metal miners soared over 1.8%, closely following the surge in gold prices. However, Burberry shares saw a significant decline of 9.3%. The luxury fashion brand issued a warning, stating that its full-year results would fall below previous guidance due to a slowdown in trading during its crucial December period. For the week, the FTSE 100 is down 0.6%.
The main stock market index in the United Kingdom (GB100) decreased 97 points or 1.26% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. Historically, the United Kingdom Stock Market Index (GB100) reached an all time high of 8047.06 in February of 2023. United Kingdom Stock Market Index (GB100) - data, forecasts, historical chart - was last updated on January 12 of 2024.
The main stock market index in the United Kingdom (GB100) decreased 97 points or 1.26% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. The United Kingdom Stock Market Index (GB100) is expected to trade at 7549.38 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7126.90 in 12 months time.
United Kingdom Stock Market Index (GB100)
The FTSE 100 Index is a major stock market index which tracks the performance of 100 most capitalized companies traded on the London Stock Exchange. FTSE 100 companies represent about 80 percent of the entire market capitalization of the London Stock Exchange. It is a free-float index. The FTSE 100 has a base value of 1000 as of January 3, 1984.
Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
---|---|---|---|---|---|---|---|---|
7636.00 | 7576.59 | 8047.06 | 986.90 | 1984 - 2024 | points | Daily |
Market Data Coverage: United Kingdom