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The London Stock Exchange closes with a rise of 0.89% and reaches levels registered in 2018

The London Stock Market closed this Thursday with a rise of 0.89%, a session in which it exceeded 7,800 points for the first time since May 2018, driven by the fall in the inflation in the United States.

The FTSE-100, the main index in the British capital, advanced 69.06 points, up to 7,794.04 integers, while the secondary FTSE-250 gained 1.64%, 319.43 points, up to 19,841.13 integers.

The upward trend since the beginning of the year has led the “footsie” to approach its all-time high of 7,877.45 points at the close that it reached in May 2018 (7,903.50 points during the session).

At the close of the stock market, the pound sterling lost 0.36% against the euro, up to 1.1252 euros, and gained 0.15% against the US dollar to $1.2173.

In the London parquet, the construction company led the profits Persimmonby advancing 8.33%, while Barratt Developmentsin the same sector, rose 6.69%, the investment manager M&G 6.24%, the sports retailer J.D. Sports Fashion 5.94% and the hotel Whitbread 5.78%.

By contrast, the chain of consumer goods B&M European Value Retail led the losses, down 4.40%, the software company Sage Group fell 1.97%, the insurer beazley 1.65%, the pharmaceutical AstraZeneca 1.60% and energy SSE 1.33%.

Source: Elcomercio

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