FTSE to end 2017 on a high

The UK’s top share index hit a new record on the final trading day of 2017, carried higher by a buoyant mining sector and strength among health stocks.The blue chip FTSE 100 .FTSE index was up 0.1 percent at 7,633.56 points by 0931 GMT, while mid caps .FTMC gained 0.1 percent. Friday is a half-day of trading for UK equities.The FTSE has hit a series of records going into the year-end, helped by its large weighting in commodities-related stocks.

Source: FTSE to end 2017 on a high – Reuters

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.