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The FTSE 100 has broken a record that had stood for more than 15 years and hit a new all-time high, boosted by investor optimism that Greece would not be forced out of the eurozone.
Britain’s benchmark index of leading shares climbed as much as 46.73 points to 6,958.89, a 0.7pc advance that meant the FTSE 100 finally surpassed its previous intraday peak of 6,950.6 that was set on December 30, 1999, just before the dotcom bubble burst.
Britain’s benchmark index of leading shares climbed as much as 46.73 points to 6,958.89, a 0.7pc advance that meant the FTSE 100 finally surpassed its previous intraday peak of 6,950.6 that was set on December 30, 1999, just before the dotcom bubble burst.
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was it warren buffett who said something like be brave when everyone is selling and be scared when everyone is buying,looks like selling time
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The thing is though is that it's not inflation adjusted, so it's got another 20% or so to go to be as high in real terms as it was at its last peak.
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On the other hand it's not adjusted for the dividends you receive when you hold the shares.
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how many companies remain from the 1999 index ?
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https://uk.finance.yahoo.com/news/ftse-100-finally-breaks-time-101030228.html The FTSE 100 total return index, which includes both share price growth in dividends, is up 66% over the Millennium. £10,000 invested on 31 December 1999 would be worth £16,694 today, with dividends reinvested. |
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The ftse isn't rising as quickly as the U.S. markets
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a thread like this will see brassneck try to chase his losses....
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Stands to reason. I think for the last 18 months I've seen intermittent bollox adverts on YouTube predicting a massive crash.
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