FTSE

FTSE 100 closes at record high | Money News Aitrend

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FTSE 100 closes at record high | Money News Aitrend

The UK’s benchmark stock index has hit a new record high. The FTSE 100 index of the most valuable companies on the London Stock Exchange closed at 8,505.69, breaking the record set last May. It had already surpassed its intraday high earlier on Friday, meaning it reached a never-before-seen high during trading hours. The weakening … Read more

Mike Ashley’s Frasers and B&M face relegation from FTSE 100 | Money News Aitrend

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Mike Ashley’s Frasers and B&M face relegation from FTSE 100 | Money News Aitrend

Fraser’s Group, the retail giant controlled by Mike Ashley, and discounter B&M are to be relegated from the UK’s blue chip share index. FTSE Russell, which operates the FTSE 100 and FTSE 250 indices, confirmed on Wednesday evening that its latest quarterly review would see the Sports Direct-led Frasers drop to the bottom tier for … Read more