FTSE 100 hits 22-month high as wider European stocks dip

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FTSE 100 hits 22-month high as wider European stocks dip via IrishTimesBiz

adding 1.4 per cent to €2.20, whilemissed out in the action, dipping 1.6 per cent, as it handed back a fraction of its gains for 2021 as the best-performing Irish banking stock.UK shares rose in thin holiday trading with defensive stocks leading gains against the backdrop of Britain reporting a record number of Covid-19 cases and announcing there would be no new pandemic-related curbs this year.

The blue-chip FTSE 100 gained 0.7 per cent to 7,420.69 following a two-day Christmas break and is on track for its best yearly performance since 2009.said he would not bring in new restrictions this year to limit the spread of the Omicron coronavirus variant.

 

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