The FTSE 100 edged higher on Thursday, following a 0.7% increase in the previous session driven by positive company updates. HSBC Holdings and Unilever both saw gains of around 1-1.3%, while AstraZenca rose by 0.6%. EasyJet performed well, boosted by a successful winter season, and Concord Chorus made headlines with a $1.4 billion acquisition of Hipgnosis Songs Fund. AJ Bell reported record assets under administration, while Deliveroo experienced order growth in Q1. Unfortunately, Dunelm Group missed sales expectations in Q3. In a recent BoE update, Megan Greene highlighted concerns over high wage growth and services inflation in the UK, suggesting a potential delay in interest rate cuts due to persistent inflationary pressures.
The main stock market index in the United Kingdom (GB100) increased 134 points or 1.73% 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 8052.50 in April of 2024. United Kingdom Stock Market Index (GB100) - data, forecasts, historical chart - was last updated on April 18 of 2024.
The main stock market index in the United Kingdom (GB100) increased 134 points or 1.73% 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 7816.63 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 7422.18 in 12 months time.