RE: Added today to my original investment4 Feb 2023 01:29
As I said below the markets are a lot better and the conditions are changing in ITS favour.
The FTSE 100 stock index has closed at a record high, lifted by investors betting that a weak pound will help UK firms abroad and that the worst of the cost of living crisis has passed.
The index of the UK's biggest publicly listed companies gained more than 1%, to end the day at 7,901.8 points.
That was the highest level in almost five years, passing the previous closing record set in May 2018.
The milestone follows years of the UK lagging other big financial markets.
But the shares have benefited from a weaker pound.