London stock market hits record high; world’s richest get even richer – business live

Loknath Das 27 Dec 2017 Business Comments Off on London stock market hits record high; world’s richest get even richer – business live 947 Views

A small toy figure is seen on representations of the Bitcoin virtual currency. Photograph: Dado Ruvic/Reuters

Over in New York, the US stock market has opened very slightly higher as traders return to work after the Christmas break.

The Dow Jones industrial average rose by 16 points, or 0.07%, with the S&P 500 and the Nasdaq also managed minuscule gains.

While mining companies drove the FTSE 100 to today’s record high, engineering firm Rolls-Royce, building materials group Ferguson, broadcaster Sky and holiday firm TUI all held it back:

The best and worst-performing companies on the FTSE 100 today
 The best and worst-performing companies on the FTSE 100 today Photograph: Thomson Reuters

Since you’re here … we have a small favour to ask. More people are reading the Guardian than ever but advertising revenues across the media are falling fast. And unlike many news organisations, we haven’t put up a paywall – we want to keep our journalism as open as we can. So you can see why we need to ask for your help. The Guardian’s independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our perspective matters – because it might well be your perspective, too.

[“Source-theguardian”]

Tags

Authors

Posted by :